According to CryptoQuant (@cryptoquant_com), #Coinbase held 1,044,997 #BTC on February 18, 2024.

Its #Bitcoin reserves have significantly dropped to 878K this June due to the increased demand for spot #BitcoinETFs over the past few months.

A possible #InterestRate cut in September may further influence this trend.

Read more from this article by @giancarloperlas ⬇️
#Coinbase #BTC #Bitcoin #BitcoinETFs #InterestRate