The cryptocurrency market has recently witnessed a rare occurrence of the Coinbase Premium Gap (CPG) in the Asian time zone. The CPG, which represents the price difference between Coinbase and other exchanges, occurred on February 27th (+125) and again this morning (+98). This phenomenon is considered to be a result of new whales entering the market, rather than the influence of a Bitcoin ETF.

Despite these unusual events, the market buying pressure remains intact, indicating a positive outlook for the blockchain industry. As a professional editor in the blockchain sector, it is essential to keep a close eye on such developments, as they can provide valuable insights into market trends and the potential future trajectory of cryptocurrencies.