Data shows the Bitcoin Coinbase Premium Gap has turned positive recently, a sign that institutional entities have started buying the asset again.

Data shows the Bitcoin Coinbase Premium has remained positive since the start of the year, a sign that institutional traders may be buying.

According to a recent

Bitcoin has fallen more than 70% from its all-time high in November 2021 and has triggered selling pressure with it.

On-chain data shows large institutional investors are still active in the Bitcoin market through over-the-counter (OTC) trading.