Coinbase Bitcoin Premium Index Posts Negative Premium for 75 Consecutive Days, Setting New Record for Longest "Consecutive Negative" Streak

TechFlow News, August 01, according to Coinglass data, the Coinbase Bitcoin Premium Index has been in the negative premium zone for 75 consecutive days (from May 19 to present), with the latest value at -0.0973%. Previously, the index was in negative premium for 40 consecutive days from January 16 to February 24 this year, setting the longest "consecutive negative" record since the indicator was launched, exceeding the approximately 30 days of consecutive negative premium during the "1011 Crash". Historical data shows that long-term negative premium often accompanies US institutional capital exiting, and caution is needed regarding short-term correction pressure.