The Coinbase Bitcoin premium index has recorded 31 consecutive days below zero, with the latest reading at -0.1353%, according to CoinGlass data cited by BlockBeats on October 24.
What the discount indicates
BlockBeats said a negative reading reflects lower Coinbase Bitcoin quotes relative to Binance and can suggest weaker US buying or greater selling pressure. Drawing conclusions about institutional fund flows requires additional evidence, the report noted.
Source: BlockBeats, 2026-10-24 14:55:40 UTC.