Coinbase Bitcoin negative premium has lasted for 67 days

On July 25, according to Coinglass data, the Coinbase Bitcoin Premium Index has been in the negative premium range for 67 consecutive days (since May 19), with the latest value of-0.0708%. Previously, the index had been 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.