Coinbase Bitcoin Premium Index Hits 75 Consecutive Days of Negative Premium, Setting New Record

iconChainthink
Share
AI summary iconSummary
As of August 1, Coinbase’s Bitcoin premium index reached a record 75 consecutive days of negative premium, with the latest reading at -0.0973%. This streak, spanning from May 19 to August 1, exceeds the previous record of 40 days in early 2026 and the 30-day stretch during the 2011 crash. Value investing in crypto is under renewed pressure, as prolonged negative premiums often coincide with outflows of U.S. institutional capital. Traders are closely monitoring for signs of capital protection strategies amid potential short-term correction risks.

ChainThink reports that, according to Coinglass data as of August 1, Coinbase’s Bitcoin premium index has remained in a negative premium zone for 75 consecutive days, since May 19, with the latest reading at -0.0973%.

Previously, the index experienced a continuous 40-day period of negative premium from January 16 to February 24 this year, setting the longest "continuous negative" record since the index was launched;

The current streak of 75 days has extended this record, surpassing the approximately 30 consecutive days of negative premium during the “1011 crash.” Historical data shows that prolonged negative premiums are often accompanied by institutional capital outflows from the U.S., warranting attention to short-term correction pressures.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.