Coinbase Bitcoin holdings plummet by 85,000 BTC in 30 days, second biggest on record

James Van Straten

Quick Take Glassnode data reveals a substantial decrease in Bitcoin (BTC) holdings on the Coinbase exchange. Over the last 30 days, a notable 85,000 BTC have been withdrawn from the platform, marking the second-largest net outflow on record for a 30-day period. This mirrors a similar occurrence in March 2021, when 86,000 BTC left Coinbase. […]

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Coinbase Bitcoin holdings plummet by 85,000 BTC in 30 days, second biggest on record