Coinbase shows 900 consecutive hours of net BTC selling by US institutions, reaching two-year pessimism highs—historically a contrarian bullish signal.
Macro & Markets ·
US institutional investors have maintained net selling pressure on Coinbase for 900 consecutive hours, the highest duration of pessimism recorded over the past two years, according to CryptoQuant data. The sustained negative premium indicates extreme sentiment levels that historically have been associated with bullish reversal conditions.