Coinbase Premium Hits Monthly Low as Institutional Selling Intensifies

The Coinbase Premium, a widely watched indicator of institutional activity in the crypto market, sank deeper into negative territory this week, reaching -0.0983% on May 21, its lowest level so far this month.

According to CryptoQuant analyst Darkfost, the drop signals growing selling pressure from institutional and professional investors trading on Coinbase, compared to retail-focused traders on Binance.

The trend also comes amid a broader shift in investor sentiment toward equities. Over the past month, gold prices have dropped 5.8%, while major US stock indexes, including the S&P 500 and Dow Jones, have continued to trend higher since early April.

Source: Darkfost