The Bitcoin Coinbase Premium gap has dropped into negative territory, indicating that Binance whales may be fueling this rise.

#CryptoMarketCapBackTo$3T

The Bitcoin Coinbase Premium gap decreased alongside the latest price increase.

#dinnerwithtrump

As one analyst noted in a quick post on CryptoQuant, the Bitcoin Coinbase Premium gap has fallen to a negative value. The term "Coinbase Premium gap" refers to an indicator that tracks the difference between the price of Bitcoin (USD pair) listed on Coinbase and its price on Binance (USDT pair).