2026-01-01 13:20:48

According to on-chain data statistics, the Bitcoin premium index of a major exchange has been in the negative zone for 18 consecutive days, with the latest quote at -0.171%.

18 days may not seem long, but in the crypto market, this is no small number. A quick look at historical records shows that the last time such a long-term sustained negative premium occurred was during two major events in 2022: the Luna collapse in May and the FTX incident in November. During that period, the negative premium lasted for two weeks or even longer, and the entire market was filled with a strong sense of coldness.

Recreating this situation now, what does it indicate? Market sentiment and capital flow are worth analyzing.

BTC1,19%

LUNA0,05%

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GasWaster

· 9h ago

18 days of negative premium, is this going to be another bloodbath? The nightmare of LUNA and FTX is back. To be honest, this data makes my back feel cold... Something's off. Are only crazy people still daring to buy the dip? Negative premium has lasted so long, and the bottom still hasn't been reached? Come on, I don't believe you. Wait, are the big players selling off? Or is it really about to collapse... Another "worth considering" point, I want to see who will take the bait this time.

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TokenToaster

· 16h ago

Wow, 18 days left again. Is it really going to be over this time? I still remember that wave of LUNA. Now I feel a bit uneasy. Negative premium is dangerous when it persists for too long; the signals are too obvious. Wait, is this data reliable, or is it just hype again? Honestly, every time I see analyses comparing this to 2022, my heart races.

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DevChive

· 16h ago

Damn, 18 days of negative premium? How desperate must that be, retail investors must have all left. Here we go again? Can we not repeat those shitty events of 2022? Negative premium for so long, I'm about to be stripped of my pants. Wait, this time it won't be some big shot liquidating again, right? Damn, looking at this trend, it feels like something's going to happen. History really repeats itself, just the participants have changed. What's going on? Is this a lesson for the coin holders? With this momentum, a big scoop is probably coming soon. Calm down, calm down... Maybe it's just a market dump.

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BlockchainArchaeologist

· 16h ago

Huh, is this really going to crash this time or is it just another false alarm? --- Revisiting incidents like LUNA and FTX? I don’t buy it. --- What does an 18-day negative premium indicate? We have to wait for the news. --- Can you trust this data? I just want to know what the big players are doing. --- Haha, starting to compare again to 2022. This trick is getting old. --- Instead of looking at negative premiums, it’s better to see who’s bottom fishing. --- Market chill? I only see people accumulating at low prices. --- Negative premium is essentially just a concentrated short-selling sentiment; no need to overreact. --- It’s only -0.171%. What can such a fluctuation tell us? --- The market now is far less fragile than in 2022. Stop always bearish.

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rekt_but_vibing

· 16h ago

Here we go again, 18 days of negative premium. Is this time really going to crash the market? The shadow of LUNA and FTX hasn't even disappeared, and it's reappearing again. Why panic? Anyway, I've already lost money, what more can happen? Wait, is this implying something? Are funds fleeing? Every time there's such a long negative premium, good news usually doesn't follow. It feels like big players are secretly selling off, and we're still here chatting. Basically, it means market confidence has collapsed, nothing else. Really? 18 days is so long? Why didn't I notice? Market sentiment is completely rotten, no wonder it's been dropping so sharply recently. If this wave doesn't rebound, I really need to consider cutting losses.

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memecoin_therapy

· 16h ago

Here it comes again? Is this time going to reenact the 2022 script? Oh my --- 18 days of negative premium... feels like a crash is not far away, everyone hurry up and cut losses --- The shadow of LUNA and FTX hasn't even cleared yet, and now it's starting again? --- After such a long period of negative premium, still daring to accumulate, I really respect that --- Wait, so should I buy the dip now or clear out my positions? Can someone give a clear answer? --- Cold wallets are rubbing their hands, feels like something's about to happen --- History always repeats itself, let's see who gets knocked out this time --- -0.171% doesn't seem like much, but lasting this long is a bit chilling --- Is another big cleanup coming? My recently calmed heart is now tense again

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GasFeePhobia

· 16h ago

Damn, 18 days of negative premium? This rhythm feels off, it seems like it's starting again Replaying the same old tricks from 2022, but this time it doesn't seem as bad Negative premium really looks uncomfortable, every time it appears it's never a good sign Feels like the market is in a stalemate right now, no one wants to make a move It's been 18 days, still dropping, what are they testing? History always repeats itself surprisingly, but not exactly the same Is it true? Is the winter coming again? I just recovered my losses The premium reversing indeed indicates someone is dumping At this time, you should really check what the whales on the chain are doing -0.171% doesn't look like much, but it shows that the outflow of money is indeed increasing

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