According to CoinMeta, data from CoinMeta shows that the Coinbase Bitcoin premium index has recorded negative values for 50 consecutive days, with the latest reading at -0.13% and an average of -0.15% over the past 30 days. This index is used to measure the price difference between Coinbase and Binance, observing the buying and selling pressure in the US market relative to the global market. A continuously negative index usually indicates that Coinbase pricing is relatively low, reflecting weaker buying interest or greater selling pressure in the US market. However, it is not appropriate to conclude directly that institutional funds are flowing out based on this single indicator alone. Previously, on August 24th, the Coinbase Bitcoin premium index showed a positive signal for the first time since May 19th, ending a historic 97-day period of continuous negative premiums.