Coinbase Premium Gap Turns Negative: U.S. Bitcoin Whales Trigger Selling Pressure

Bitcoin is experiencing renewed selling pressure, with U.S. investors potentially driving the downturn. The Coinbase Premium Gap, a critical metric, has turned negative, signaling heightened selling activity from large Bitcoin holders in the U.S. This shift aligns with Bitcoin’s recent price correction, raising concerns about further declines. Analysts highlight the Coinbase Premium Gap’s recent dip as a bearish indicator, suggesting that Bitcoin may face additional downward pressure in the near term.

U.S. Bitcoin Whales Are Selling—Key Signal Suggests More Price Drop For Bitcoin

Bitcoin faces renewed selling pressure, with U.S. investors potentially driving the downturn. The Coinbase Premium Gap, a critical metric, has turned negative, indicating heightened selling activity from large Bitcoin holders in the U.S. This shift aligns with Bitcoin’s recent price correction, raising concerns about further declines.

Analysts point to the Coinbase Premium Gap’s recent dip as a bearish signal. Bitcoin is trading at lower prices on Coinbase compared to global exchanges, suggesting concentrated selling pressure among U.S. whales. The metric’s deterioration mirrors Bitcoin’s price action, reinforcing the potential for additional downside.

Coinbase CEO Urges US Senate to Advance Stablecoin Legislation

Coinbase CEO Brian Armstrong has publicly called on US lawmakers to pass comprehensive stablecoin legislation, endorsing the GENIUS Act in a post on X. Armstrong emphasized the need for bipartisan support, urging the Senate to secure 60 votes to begin debate on the bill. The push aligns with broader efforts in the House to build momentum following the FIT21 framework.

The appeal highlights growing pressure from crypto industry leaders for regulatory clarity. Stablecoins—digital assets pegged to fiat currencies—have become a focal point in discussions about market structure and consumer protection. Coinbase, as one of the largest US-based exchanges, stands to benefit from standardized rules governing these instruments.

IntoTheBlock and Trident Merge to Form Sentora, Securing $25M for Institutional DeFi Gateway

Decentralized finance firms IntoTheBlock and Trident Digital have merged to create Sentora, a new entity focused on bridging institutional investors with onchain opportunities. The combined venture has raised $25 million in a funding round led by New Form Capital, with participation from Ripple, Tribe Capital, UDHC, and Joint Effects.

Anthony DeMartino, former Coinbase risk strategist and Trident co-founder, will helm Sentora. The merger reflects DeFi’s evolution from its speculative roots toward a structured financial ecosystem catering to sophisticated players. Strategic backers include Curved Ventures, Flare, and Bankai Ventures—signaling growing institutional confidence in blockchain-based finance.