[Wall Street Liquidity Radar] Bitcoin’s U.S. Discount Widens Again; Confirmation of Net Buying Pressure Still Pending
Original headline[월가 유동성 레이더] 비트코인 미국 할인 폭 다시 확대…매수 우위 확인은 더 기다려야
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Bitcoin's US discount versus overseas prices widened again despite a surge in institutional trading, according to TokenPost PRO data cited in the article. The Coinbase Premium, a spot price-gap indicator, closed at -0.2713% on October 29, then moved to -0.2434% on October 30, -0.2037% on October 31, and -0.1576% on November 1, before widening to -0.1847% on November 2; as of 1:43 p.m. on November 3 it stood at -0.1888%. A negative reading means US bitcoin prices are trading below overseas levels. The article notes that increased trading participation alone does not signal stronger US buying conviction, so the renewed discount suggests institutional flows have not yet translated into US-led demand. Watch whether the Coinbase Premium turns positive or the discount continues to deepen in coming sessions as a gauge of US buying strength.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
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