Coinbase Premium Hits Monthly Low on Institutional Selling

Cointelegraph Staff

(05:46 AM UTC)

1 min read

A key indicator of institutional crypto market participation, the Coinbase premium has fallen deeper into negative territory, indicating increased selling pressure from institutions.

The Coinbase premium has been mostly negative since late April, but it has fallen much faster over the past seven days and recorded its lowest level this month at -0.0983% on May 21.

“Institutional selling pressure has…

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