Event JSON
{
"id": "71aa349a24a33bd5d5ff7b9bb413f6bbde81135d9d4d9e9b9710285b5bff458e",
"pubkey": "db3fb29b9635039b6b4d12d5be3ad94dcd1d8b155dfe25fa9a996e7687e35da2",
"created_at": 1734706954,
"kind": 1,
"tags": [
[
"r",
"https://bitcoinist.com/bitcoin-coinbase-premium-red-plunge-btc-rally-done/"
],
[
"subject",
"Bitcoin Coinbase Premium Registers Red Plunge: BTC Rally Done?"
],
[
"published_at",
"1734706808"
],
[
"image",
"https://i0.wp.com/img.cryptoquant.com/24826/quicktake/gE7ddncoS_835f04252783f5b47090cbd09a6b952dfd7cccad6f6096701ce141a6b9f9b06f.png?resize=1280%2C720\u0026#038;ssl=1"
],
[
"p",
"db3fb29b9635039b6b4d12d5be3ad94dcd1d8b155dfe25fa9a996e7687e35da2",
"wss://relay-testnet.k8s.layer3.news"
],
[
"imeta",
"url https://i0.wp.com/img.cryptoquant.com/24826/quicktake/gE7ddncoS_835f04252783f5b47090cbd09a6b952dfd7cccad6f6096701ce141a6b9f9b06f.png?resize=1280%2C720\u0026#038;ssl=1"
],
[
"t",
"crypto:perspective"
],
[
"summary",
"The Bitcoin Coinbase Premium Index has seen a sharp decline into the negative territory, coinciding with a crash in the cryptocurrency's value. The negative indicator suggests that the asset is observing a higher amount of selling pressure on Coinbase than on Binance. This pattern has been observed throughout 2024, with the price showing notable correlation with the Coinbase Premium Index. The institutional holders have not been the only ones participating in selling, as the Bitcoin Binary Coin Days Destroyed (CDD) has spiked, indicating that long-term holders have potentially decided to sell their coins."
]
],
"content": "nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgxm87efh934qwdkkngj6klr4k2de5wck92alcjl4x5edemg0c6a5gxlx94c\nhttps://i0.wp.com/img.cryptoquant.com/24826/quicktake/gE7ddncoS_835f04252783f5b47090cbd09a6b952dfd7cccad6f6096701ce141a6b9f9b06f.png?resize=1280%2C720\u0026#038;ssl=1\nData shows the Bitcoin Coinbase Premium Index has plunged into the negative territory alongside the latest asset price downturn. Bitcoin Coinbase Premium Index Is Currently In The Red Zone As explained by an analyst in a CryptoQuant Quicktake post, the Coinbase Premium Index has seen a decline recently. The “Coinbase Premium Index” refers to an […]\nhttps://bitcoinist.com/bitcoin-coinbase-premium-red-plunge-btc-rally-done/",
"sig": "851c13f2e11d826c4c66ff206e00656ff1425252858e47145c8753d355396a4f1d6c47fdd8f1a717284d82391a35964ffc68c42f7c7f9f57f00459b85f8689b9"
}
