Bitcoin Sees 1,368 BTC Coinbase Outflow as US Spot Demand Stays Muted

Bitcoin (BTC) flows on Coinbase ($COIN) flipped to a net outflow on Wednesday UTC, hinting at a subtle shift in US-facing institutional positioning even as prime brokerage activity picked up. The move matters because Coinbase is widely viewed as a barometer for American ‘institutional demand’, and changes in its on-exchange balance and pricing can signal whether investors are adding exposure or moving assets elsewhere.

According to CoinGlass data cited on Aug. 6, Coinbase recorded a net Bitcoin outflow of 1,368 BTC over the latest day. Despite the daily reversal, the past seven days still…  Read more

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