Coinbase Bitcoin reserves hit the lowest level since 2015
According to data from Glassnode, CryptoQuant, and Coinglass, Coinbase's Bitcoin balance has significantly decreased, with approximately 30,000 Bitcoins leaving the platform in just a few days. This withdrawal is the largest scale of Bitcoin withdrawals since May this year. This reduction estimates Coinbase's Bitcoin holdings to be around 411,000 coins, the lowest level since 2015.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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