CryptoQuant: Coinbase Premium Indicator Turns Positive, US Buyers Start Accumulating BTC
According to CryptoQuant analyst Axel Adler Jr., the 24-hour moving average of the Coinbase premium has returned to positive territory in the past few days. As of this indicator, it is +0.02, up 14 basis points since November 21. The data indicates that U.S. spot buyers have begun to accumulate Bitcoin.
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