maartunn

Negative Coinbase Premium was coming from Tesla selling

Recent Tesla news makes clear that the negative Coinbase Premium was coming from Tesla selling 75% of they're Bitcoin stack. The last couple of months, I made multiple CryptoQuant-post about the Coinbase Premium. Coinbase Premium showed that heavy selling was going on from US High Net Worth or institutional. In hindsight, it was Tesla selling! 🚨