Data: Institutional sell-off intensifies, Coinbase premium drops to monthly low
By: rootdata|2026/05/23 04:45:01
0
Share
CryptoQuant analyst Darkfost stated that due to the recent intensified selling pressure from institutions, the Coinbase premium has fallen into negative territory, recording a monthly low of negative 0.0983%. This indicates that institutions and professional investors trading on Coinbase Advanced are selling more aggressively than retail investors on Binance.
Analyst Axel Adler pointed out that this indicates a zero confirmation of U.S. spot demand. LVRG research director Nick Ruck stated that the decline in the premium reflects the emergence of net selling pressure from large holders, as institutions are taking profits or readjusting their positions.
In addition, CoinGlass data shows that since May 14, there have been four trading days of net outflows from U.S. spot Bitcoin exchange-traded funds, totaling $1.3 billion. Bitfinex reported that this week, the open interest in Bitcoin futures or perpetual contracts has decreased by about $1.5 billion, clearing most of the leverage.
You may also like
Football, Web3 & Champions' Energy: A Recap of WEEX's LALIGA VIP Meetup in Barcelona
Relive WEEX's exclusive LALIGA VIP Meetup in Barcelona with football legend Fernando Morientes. From a fireside chat and on-site WEEX x LALIGA signing to partner awards and a live LALIGA match broadcast, discover how WEEX connected football culture, Web3, and community.
Pizza, Poker & AI Trading: A Recap of WEEX Crypto Pizza Day in Dubai
Relive WEEX Crypto Pizza Day in Dubai, where the MENA crypto community gathered at WEEX Dubai Studio to celebrate Bitcoin Pizza Day with pizza, poker, networking, and a live AI trading competition. Discover how WEEX turned a historic crypto milestone into a hands-on AI trading experience.
Why have foreign exchange stablecoins never taken off?
Rather than issuing a local currency stablecoin from scratch, it is better to build a layer of foreign currency pricing on top of a USD stablecoin, allowing users to enjoy the liquidity of the dollar while keeping accounts in local currency.
IOSG Founder: Please tell Vitalik the truth, let the OGs who have enjoyed the industry's dividends enlighten the young people
The wage earners freeze to death on the road, the sellers of goods die of thirst on the way. The weavers of brocade wear coarse cloth, and the grain growers do not have enough to eat.
Morning Report | SpaceX reveals it holds approximately $1.45 billion in Bitcoin; Nvidia's Q1 financial report shows revenue of $81.6 billion; Manus plans to raise $1 billion for buyback business
Overview of Important Market Events on May 21
Insiders: DeepSeek is forming a Harness team to compete with Claude Code
DeepSeek Code is coming.
SpaceX officially submitted its prospectus, unveiling the largest IPO in history
SpaceX's public market debut could take place as early as June, making it the first in a series of giant IPOs from AI companies, with OpenAI and Anthropic also waiting for the right moment.
The financial changes under the new SEC regulations: Opportunities and regulatory red lines behind "tokenized stocks"
In-depth analysis of "tokenized stocks": The SEC's advancement of an innovation exemption framework has sparked heated discussions, revealing the real risks behind third-party "synthetic asset" certificates and 24/7 trading.
Blockchain Capital Partner: The structure of on-chain dual-layer capital is still in the early stages of value discovery
How can the on-chain economy build a capital structure that promotes open innovation while also considering institutional scale?
Secured over $60 million in funding from Dragonfly, Sequoia, and others, learn about the on-chain derivatives protocol Variational | CryptoSeed
What is the difference with Hyperliquid?
I tested with $10,000: zero wear and tear, annualized 8%, and can earn points (with complete tutorial + screenshots)
Perps DEX newcomer StandX launches native stablecoin DUSD, achieving a real APY of 8.46% with its innovative three-tier yield mechanism, breaking the 3% traditional stablecoin interest rate ceiling.
Eight departments take strong measures to regulate cross-border brokers, what do you think?
This regulatory action, known as the "Final Battle for the Rectification of Cross-Border Brokers," will completely end the gray era of unlicensed operations by foreign brokers in the domestic market and reshape the entire market landscape for cross-border investment by mainland residents.
Cheers, Charts & AI: A Recap of WEEX Labs' Openguin Party Energy at ETHMilan 26
Looking for the most exciting web3 events in Europe? Relive the Openguin Party at ETHMilan 2026 — co-hosted by WEEX Labs, Pudgy Penguins and Berachain . This rooftop Pudgy Penguins Event brought together Pudgy Penguins Crypto fans, AI traders, and industry leaders for a 20-minute live AI trading competition under the Milan sky. Discover how WEEX is redefining AI-powered trading.
Morning Report | Deloitte acquires crypto infrastructure company Blocknative; stablecoin company Checker completes $8 million financing; a16z may have become the largest external institutional holder of HYPE
Overview of Important Market Events on May 20
Interpretation of xBubble SOP: Packaging Vibe Coding for non-technical users
DAPPOS has launched the low-threshold AI application xBubble, which innovatively automates the packaging of complex large model workflows with an SOP system, allowing users with no technical background to complete professional-level AI tasks with just one sentence.
From Followers to Price Setters: The Role of the Crypto Market is Reversing
The encryption platform successfully achieved precise pre-listing pricing on CBRS, indicating that Crypto is gradually transforming from a follower of traditional finance into a new pricing hub for global assets through innovative mechanisms.
a16z invested $356 million to aggressively acquire HYPE, surpassing Paradigm to become the largest external holding institution
Eight months later, the price of HYPE is approaching its previous high, and institutions like a16z, Goldman Sachs, and Grayscale are collectively taking action. What is their intention?
Google officially declares war
Google has issued a challenge to all its competitors with three weapons: technology, traffic, and pricing.
Football, Web3 & Champions' Energy: A Recap of WEEX's LALIGA VIP Meetup in Barcelona
Relive WEEX's exclusive LALIGA VIP Meetup in Barcelona with football legend Fernando Morientes. From a fireside chat and on-site WEEX x LALIGA signing to partner awards and a live LALIGA match broadcast, discover how WEEX connected football culture, Web3, and community.
Pizza, Poker & AI Trading: A Recap of WEEX Crypto Pizza Day in Dubai
Relive WEEX Crypto Pizza Day in Dubai, where the MENA crypto community gathered at WEEX Dubai Studio to celebrate Bitcoin Pizza Day with pizza, poker, networking, and a live AI trading competition. Discover how WEEX turned a historic crypto milestone into a hands-on AI trading experience.
Why have foreign exchange stablecoins never taken off?
Rather than issuing a local currency stablecoin from scratch, it is better to build a layer of foreign currency pricing on top of a USD stablecoin, allowing users to enjoy the liquidity of the dollar while keeping accounts in local currency.
IOSG Founder: Please tell Vitalik the truth, let the OGs who have enjoyed the industry's dividends enlighten the young people
The wage earners freeze to death on the road, the sellers of goods die of thirst on the way. The weavers of brocade wear coarse cloth, and the grain growers do not have enough to eat.
Morning Report | SpaceX reveals it holds approximately $1.45 billion in Bitcoin; Nvidia's Q1 financial report shows revenue of $81.6 billion; Manus plans to raise $1 billion for buyback business
Overview of Important Market Events on May 21
Insiders: DeepSeek is forming a Harness team to compete with Claude Code
DeepSeek Code is coming.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
