Data: Coinbase Bitcoin Premium Index has been in negative premium for two consecutive weeks, currently reported at -0.08%

2025-12-28 by admin

ChainCatcher reports, according to the latest data from Coinglass, the Coinbase Bitcoin Premium Index has been in negative premium for two consecutive weeks, currently at -0.08%. This index measures the difference between Bitcoin prices on Coinbase (a major U.S. trading platform) and the global average price. A negative premium typically reflects higher selling pressure in the U.S. market, decreased investor risk appetite, rising market risk aversion, or capital outflows.

PANews reported on December 31 that Tom Lee, co-founder of Fundstrat and chairman of BitMine, wrote on the X platform: "Typically, during these last holiday trading sessions, many institutional investors exit the market, and algorithmic trading programs and bot trading programs begin to dominate the market, along with sell-offs for tax avoidance. These constitute the market dynamics in the last few days of December." Previously, in BitMine's announcement of acquiring 44,463 ETH last week, Tom Lee mentioned that market activity tends to slow down as the year enters its final weeks of holiday season. Year-end tax-avoidance selling depresses cryptocurrency and cryptocurrency-related stock prices, with this effect typically most pronounced between December 26th and December 30th; therefore, they are adjusting their market strategy accordingly. Earlier today, it was reported that Bitmine pledged another 118,944 ETH and increased its holdings by 32,938 ETH .