Coinbase's Bitcoin premium index has remained in negative territory for 17 consecutive days, currently at -0.1011%. This indicates a persistent discount on Bitcoin prices on Coinbase compared to other exchanges. Meanwhile, the cryptocurrency LIGHT experienced a dramatic surge, increasing over 120% within 24 hours and briefly surpassing 1 USDT. In other developments, Arthur Hayes has acquired 10.9 million ENA tokens, signaling potential strategic interest. Additionally, a Polymarket trader achieved significant gains, netting $928,000 in a single day. Bitcoin's market analysis points to ongoing volatility, with mixed signals from on-chain activity.