Svmuu News: According to Coinglass data, the Coinbase Bitcoin premium index has remained in negative territory for 50 consecutive days since May 19, with the latest reading at -0.0742%, extending the longest streak of negative premiums since the metric’s launch.
Previously, the index had remained in negative premium territory for 40 consecutive days from January 16 to February 24 of this year, surpassing the previous record of approximately 30 consecutive days of negative premium set during the “1011 crash.”Historical data shows that prolonged negative premiums are typically accompanied by outflows of U.S. institutional capital and may signal that the market faces some near-term correction pressure.