Analysis: Coinbase Premium Turning Positive Signals Resurgence in US Demand

BlockBeats News, February 25th, CryptoQuant analyst Darkfost revealed in a post that the "Coinbase Premium Gap," which measures the price difference between Coinbase Advanced and Binance, has recently returned to a positive value, indicating a preliminary recovery in demand from U.S. market professional funds.

According to the data, this is the third time this year that this indicator has returned to the positive range, with the current premium at around $10.18, still at a relatively moderate level. Analysts believe that a positive premium is usually seen as a signal of increased buying pressure from U.S. institutions and professional investors.

The report pointed out that Coinbase Advanced has a user structure that leans more towards professional and institutional participants, while Binance has a broader retail user base globally and holds a significant share of overall market liquidity. Therefore, changes in the price difference between the two are often used to observe the flow of U.S. capital.

Since Bitcoin entered a more pronounced correction phase on February 4th, the premium gap has been steadily recovering and recently turned positive again. However, analysts emphasized that this signal is still a preliminary sign, reflecting a still cautious market sentiment, and not ruling out the possibility of turning negative again in the short term. Overall, the current price level is gradually becoming attractive to professional funds, but to confirm a trend reversal, further observation of the continuous expansion of the premium and changes in fund behavior are still required.