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Bitcoin Under Pressure as Institutions Dump BTC, Coinbase Premium Turns Negative

Institutional selling has intensified, pushing Coinbase prices below Binance and driving the Coinbase premium to a yearly low [1].

Feb 5, 202612:42 PMNewsroom AI

Data indicate intensified institutional Bitcoin selling, with Coinbase prices trading below Binance and volume-weighted metrics pointing to sustained professional pressure [1][3].

The Coinbase premium—the gap between BTC prices on Coinbase and Binance—has fallen to its lowest level since 2024 and turned negative, which analysts link to institutional selling and ETF outflows on Coinbase-linked venues [2][4].

Market participants have noted elevated volatility and fragile confidence as pricing gaps widen across platforms, prompting traders to adjust near-term Bitcoin positions [1].

Overall, available indicators point to growing institutional caution in crypto markets, reflected in a negative Coinbase premium and sustained selling pressure across professional venues [1][2][4].

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