- Coinbase's bitcoin price traded below Binance in a reverse premium for 97 straight days starting May 19.
- The Coinbase Bitcoin Premium Index set a record since the gauge was introduced, far surpassing the previous 40-day streak and the roughly 30-day run seen last October.
- Because Coinbase is used mainly by US investors, a prolonged reverse premium may signal weak buying demand in the US market or stronger selling pressure.
Coinbase Bitcoin Discount to Binance Extends to Record 97 Days
Bitcoin has traded at a discount on Coinbase relative to Binance for a record 97 consecutive days, according to the cited report. The persistent gap highlights a sustained price divergence between the two major crypto exchanges.
bloomingbit
Publisher
Aug 23, 2026 at 4:41 AM UTC · 1 Min. Lesezeit
Key Signal
97 days Reverse premium streak
Entities
bitcoin, binance, coinbase
Market Impact
BTC-0.02%$77,271
Last Updated
vor 11 Stunden
Forecast Trend Report by Period
Coinbase's bitcoin price has traded below Binance for 97 straight days, extending a so-called reverse premium to a record streak.
Odaily reported on Aug. 23 that the Coinbase Bitcoin Premium Index stayed in negative territory for 97 consecutive days from May 19 through Aug. 23, the longest run since the gauge was introduced.
The previous record lasted 40 days from Jan. 16 to Feb. 24. The current streak also far exceeds the roughly 30-day reverse premium recorded during last October's mass liquidation event.
The Coinbase Premium Index tracks the price difference in bitcoin between Coinbase and Binance. A positive reading means bitcoin trades higher on Coinbase, while a negative reading means the price is higher on Binance.
Because Coinbase is used mainly by US investors, a prolonged reverse premium may signal weak buying demand in the US market or stronger selling pressure.
Schnelle Antworten
What is the Coinbase Bitcoin discount to Binance?
It refers to Bitcoin trading at a lower price on Coinbase than on Binance. The excerpt says this discount has persisted for 97 consecutive days.
How long has Bitcoin traded at a discount on Coinbase versus Binance?
The reported discount has lasted 97 days. The headline describes this as a record streak.
What does the 97-day Coinbase discount indicate?
It indicates a sustained difference between Bitcoin prices on Coinbase and Binance. The provided information does not specify the cause or size of the gap.
Sourced by
Originally reported by bloomingbit
NewsLayer coverage based on externally reported material.
The Daily Brief
The onchain economy, before your day starts.
Curated markets, onchain insights, and key headlines — delivered every weekday morning.
Weekdays · Free · ~5 minute read
0
Applause
Was this article helpful?
Market Context
Bitcoin
BTC
$77,271
-0.02% (24H)
Market Cap
$1.55T
24H Volume
$21.3B
24H High
$77,787
Article Intelligence
Topics
Related Coverage
CryptoWeekend Round-Up: Bitcoin's Best Week Since 2023, Coinbase CEO's Bullish Outlook and Morevor 2 Stunden · 2 min read
CryptoTraders bet bitcoin was stuck below $67,000. The Treasury blew that trade up in one afternoonvor 2 Stunden · 1 min read
CryptoGBTC Jumps As Grayscale Bitcoin Trust Tracks Bitcoin Rallyvor 26 Minuten · 4 min readSponsored
Ad
NewsLayerLearn more
NewsLayer Premium
Unlock deeper intelligence.
Ad-free reading, exclusive research, and real-time onchain insights.
Go Premium
