PANews reported on September 19th that CryptoQuant analyst CryptoOnchain reported that Coinbase's total reserves, including BTC, ETH, and ERC20 stablecoins, have reached $112 billion, the highest level since November 2021. This increase reflects growing confidence among institutional and retail investors, as well as a resumption of capital inflows. Analysts noted that increases in reserves at major exchanges typically accompany increased market liquidity and stronger price momentum. This four-year high in reserves may signal a new phase of demand and accumulation, preparing the market for the next major rally.PANews reported on September 19th that CryptoQuant analyst CryptoOnchain reported that Coinbase's total reserves, including BTC, ETH, and ERC20 stablecoins, have reached $112 billion, the highest level since November 2021. This increase reflects growing confidence among institutional and retail investors, as well as a resumption of capital inflows. Analysts noted that increases in reserves at major exchanges typically accompany increased market liquidity and stronger price momentum. This four-year high in reserves may signal a new phase of demand and accumulation, preparing the market for the next major rally.
CryptoQuant: Coinbase reserves reach $112 billion, a four-year high
PANews reported on September 19th that CryptoQuant analyst CryptoOnchain reported that Coinbase's total reserves, including BTC, ETH, and ERC20 stablecoins, have reached $112 billion, the highest level since November 2021. This increase reflects growing confidence among institutional and retail investors, as well as a resumption of capital inflows. Analysts noted that increases in reserves at major exchanges typically accompany increased market liquidity and stronger price momentum. This four-year high in reserves may signal a new phase of demand and accumulation, preparing the market for the next major rally.
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