Coinbase has seen an outflow of 40,406 BTC worth $2.7 billion in the past two months
Golden Finance reported that data showed that on April 1, Coinbase’s Bitcoin holdings were close to 1 million, approximately 928,743 BTC. According to Arkham’s records, as of today, the total has dropped to 888,337 BTC. This means Coinbase’s holdings have significantly decreased by 40,406 BTC and are worth $2.7 billion less. Over the same period, Binance’s Bitcoin reserves increased slightly by 408 BTC, and despite the recent increase, Binance’s Bitcoin assets ($45.68 billion on April 1) have fallen to $43.36 billion, holdings It is 642,528 BTC. Robinhood performed better than Binance, with a net inflow of 894 BTC, worth approximately $60.57 million. 60 days ago, Robinhood managed 138,568 BTC, and with the recent addition, its reserves have risen to 139,462 BTC.
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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