Well, well, well, if it ain’t the good ol’ Coinbase premium indicator flipping negative for the first time since that dang Feb. 3 crash! 🤔 Looks like them overseas traders over at Binance have got the upper hand on us Yankee investors, huh? 🤑
Yep, the data from Coinglass shows that the Nasdaq-listed exchange traders have turned as cautious as a cat on a hot tin roof before the big ol’ CPI release on Wednesday. 😬 But their offshore counterparts? They’re leading the charge, sending Bitcoin‘s price from a measly $94,900 all the way up to a whopping $96,000! 💰
Now, y’all know what they say – when the Coinbase premium is high, it’s a sure sign of a bull run. 🐂 But this time, it’s the offshore boys callin’ the shots. Guess them Yanks ain’t as savvy as they thought, huh? 😏
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2025-02-12 11:24