Coinbase Bitcoin Premium Index Records 76 Consecutive Days of Negative Premium, Setting a New Longest "Negative Streak"

According to Odaily, data from Coinglass shows that the Coinbase Bitcoin Premium Index has remained in negative territory for 76 consecutive days (from May 19 to date), with the latest reading at -0.1012%. Previously, the index recorded a 40-day negative premium streak from January 16 to February 24 this year, which had set the longest "negative streak" since the metric's inception, surpassing the approximately 30 consecutive days of negative premium during the "1011 crash." Historical data indicates that prolonged negative premiums are often accompanied by institutional capital outflows from the U.S., warranting caution against short-term correction pressure.