Bitcoin’s price decline due to a selling spree in the crypto market has not diminished institutional interest. CryptoQuant’s latest insights show the Coinbase Premium increasing, reflecting strong US investor activity during this volatile period. The Coinbase Premium, a metric that tracks the percentage difference between Bitcoin’s price on Coinbase Pro and Binance, has risen following a sharp decline in BTC’s value.

Negative Coinbase Premium values, observed during periods of panic selling on Binance, have historically signaled potential market rebounds. The recent increase in the premium indicates strong buying pressure from US institutional investors, who predominantly use Coinbase as their preferred spot exchange.

This behavior suggests that institutional investors often capitalize on price drops by adopting aggressive buying strategies, particularly when retail-driven panic selling occurs.

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