Coinbase Premium Gap Drops to -$57, Making US Selling Harder
Key receivers
Coinbase's premium gap has dropped to -$57, indicating strong selling pressure from US investors. The negative premium reflects regional sentiment, indicating that Bitcoin is under-traded on Coinbase compared to international exchanges.
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According to CryptoQuant data, the Coinbase Premium Gap has fallen to -$57, indicating that Bitcoin market demand from US institutional investors has waned.
US investors are hitting the sell button hard 💥
Coinbase's premium gap is now at $57—indicating strong selling pressure from US traders. pic.twitter.com/gRCPSVvf1o
— Maartun (@JA_Maartun) December 19, 2025
The index measures the difference in Bitcoin prices between Coinbase and Binance, showing where the buying pressure is strongest. Positive readings indicate strong US investor interest, while negative readings reflect offshore or retail selling.
Coinbase Premium Gap falling to -$57 indicates softening US institutional demand as 2025 nears expiration. This may reflect year-end risk aversion, profit taking, tax-adjusted selling, and ETF outflows, indicating that institutional capital is still flowing out rather than accumulating.
While not an extreme reading, the negative premium acts as a warning that bullish momentum will be limited until the gap turns positive, indicating renewed US institutional buying.



