Data: Bitcoin negative premium on a certain exchange has narrowed to 0.018%
ChainCatcher news, according to Coinglass data, the bitcoin premium index on a certain exchange has remained in negative premium territory for 28 consecutive days, and has now narrowed to 0.018%.
The bitcoin premium index of a certain exchange is used to measure the difference between the bitcoin price on that exchange (a mainstream US trading platform) and the global market average price. This index is an important indicator for observing capital flows in the US market, institutional investment enthusiasm, and changes in market sentiment. A positive premium indicates that the exchange price is higher than the global average price, which usually means: strong buying power in the US market, active participation by institutions or compliant funds, ample US dollar liquidity, and optimistic investment sentiment. A negative premium indicates that the exchange price is lower than the global average price, which usually reflects: greater selling pressure in the US market, decreased investor risk appetite, rising risk aversion sentiment, or capital outflows.
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