Coinbase Bitcoin Premium Index has been at a negative premium for two consecutive months, continuing to record the longest consecutive negative record

According to Coinglass data, the Coinbase Bitcoin Premium Index has been in the negative premium range for two consecutive months (May 19 to July 19, a total of 62 days), with the latest value of-0.0633%. Previously, the index was at a negative premium for 40 consecutive days from January 16 to February 24 this year, setting a record for the longest "consecutive negative" since the indicator was launched, exceeding the number of consecutive negative premiums of about 30 days during the "1011 Crash" period.