Bitcoin Flows Flip to Outflows on Coinbase as Premium Turns Positive

Share

Bitcoin (BTC) flows on Coinbase—often used as a proxy for U.S. institutional positioning—flashed a mixed signal on Wednesday, with the exchange shifting to net outflows even as the Coinbase price premium turned positive, suggesting pockets of buy-side demand alongside heightened portfolio repositioning. According to CryptoQuant data for April 9 (UTC, incomplete), Bitcoin netflow on Coinbase Advanced came in at -188 BTC, marking a sharp swing from the prior session’s +4,155 BTC net inflow.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles