{"id":6145,"date":"2025-07-30T05:00:24","date_gmt":"2025-07-30T05:00:24","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-buying-spree-ends-on-coinbase-temporary-pause-or-trend-shift\/"},"modified":"2025-07-30T05:00:24","modified_gmt":"2025-07-30T05:00:24","slug":"bitcoin-buying-spree-ends-on-coinbase-temporary-pause-or-trend-shift","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-buying-spree-ends-on-coinbase-temporary-pause-or-trend-shift\/","title":{"rendered":"Bitcoin Buying Spree Ends On Coinbase: Temporary Pause Or Trend Shift?"},"content":{"rendered":"<p>Data shows the Bitcoin Coinbase Premium Gap recently broke its longest ever streak of positive values. Here&#8217;s what this could mean for the market.<\/p>\n<h2>Bitcoin Coinbase Premium Gap Turned Negative Recently<\/h2>\n<p>In a new Coinbase Premium Gap&#8221; refers to an indicator that keeps track of the difference between the BTC price listed on Coinbase (USD pair) and that on Binance (USDT pair).<\/p>\n<p>The former cryptocurrency exchange is primarily used by US-based investors, especially large institutional entities. The latter, on the other hand, has a global userbase. As such, the Coinbase Premium Gap essentially tells us about how the buying or selling behaviors differ between the American and foreign whales.<\/p>\n<p>When the value of the metric is positive, it means the cryptocurrency is listed for a higher price on Coinbase than Binance. Such a trend implies buying pressure is stronger (or selling pressure is weaker) on the former as compared to the latter.<\/p>\n<p>On the other hand, the indicator having a negative value implies Binance is the platform observing a net higher accumulation as its users have pushed BTC to a higher value than on Coinbase.<\/p>\n<p>Now, here is a chart that shows the trend in the 30-hour moving average (MA) of the Bitcoin Coinbase Premium Gap over the past year and a half:<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/pbs.twimg.com\/media\/Gw9f7wZW8AAe8Tx?format=jpg&amp;name=large\" alt=\"Bitcoin Coinbase Premium Gap\" width=\"1600\" height=\"900\" \/><\/p>\n<p>As displayed in the above graph, the 30-hour MA Bitcoin Coinbase Premium Gap has mostly held a positive value for a while now, indicating that Coinbase users have been buying.<\/p>\n<p>This accumulation was so consistent earlier that it managed to reach a streak of 94 days, but recently, a dip into the negative territory finally broke it. &#8220;This was the longest streak in history,&#8221; notes the analyst.<\/p>\n<p>Since the start of 2024, US institutional investors have generally played a driving role in the market, with the price often showing correlation to the Coinbase Premium Gap. Given this pattern, a pivot to selling from this group can naturally be a bearish sign for Bitcoin.<\/p>\n<p>The chart shared by Maartunn shows more of a long-term view of the indicator. So, here is another graph, this one from CryptoQuant author<a href=\"https:\/\/x.com\/IT_Tech_PL\/status\/1949851197722030292\" target=\"_blank\" rel=\"noopener nofollow\"> IT Tech<\/a>, that shows how the metric&#8217;s fluctuations have looked on a higher resolution over the past month:<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/pbs.twimg.com\/media\/Gw9DVBCWsAAo02s?format=jpg&amp;name=large\" alt=\"Bitcoin Coinbase Premium Gap\" width=\"2048\" height=\"1152\" \/><\/p>\n<p>From the chart, it&#8217;s apparent that the metric has seen multiple drops into the negative zone recently, with the latest one coming during the past day. &#8220;The demand in the US Market is weakening,&#8221; says the analyst. &#8220;Caution is necessary.&#8221;<\/p>\n<h2>BTC Price<\/h2>\n<p>Bitcoin has been unable to find a direction as its price is still floating around $117,700.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/Al1LnVla\/\" alt=\"Bitcoin Price Chart\" width=\"1486\" height=\"890\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Data shows the Bitcoin Coinbase Premium Gap recently broke its longest ever streak of positive values. Here&#8217;s what this could mean for the market. Bitcoin Coinbase Premium Gap Turned Negative Recently In a new Coinbase Premium Gap&#8221; refers to an indicator that keeps track of the difference between the BTC price listed on Coinbase (USD&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6146,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[245],"tags":[22,1579,1565,28,32,36,611],"class_list":["post-6145","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","tag-bitcoin","tag-bitcoin-buying","tag-bitcoin-coinbase-premium-gap","tag-bitcoin-news","tag-btc","tag-btcusdt","tag-coinbase"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/6145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=6145"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/6145\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/6146"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=6145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=6145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=6145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}