maartunn
Reduced selling pressure from US Investors
Coinbase Pro is a well known exchange for US Investors, in special High Net Worth and US Institutions. They were a important driving force behind the 2021 bull market. In the meantime, that has completely changed. Since the beginning of May there was massive selling going on at Coinbase 🔴 This can be observed with the BTC price difference on Coinbase and Binance 👇 Deepest point = -$131 Longest period = -$20 Todays value = -$5 From just watching at these numbers, you can observe reducing selling pressure on Coinbase Pro, which is a good sign for price 😉