Bitcoin Shows Strong Sell Premium as BTC Drops Before U.S. ETF Market Opens
Bitcoin showed its strongest recent sell premium on Jan. 19, CryptoQuant analyst Mignolet said. The morning drop occurred before U.S. ETF markets opened, with selling attributed to U.S. whales operating outside ETFs. CPG, which tracks the BTC price gap between Coinbase (USD) and Binance (USDT), flagged the premium.