The listing of the spot ETF has led to a rapid decline in Bitcoin reserves on the Coinbase exchange since February
ChainCatcher news, CryptoQuant disclosed on platform X that Bitcoin spot ETF listing has led to a rapid decline in Bitcoin reserves at Coinbase since February. Data shows that on February 18, 2024, Coinbase's Bitcoin reserves were approximately 1,044,997 BTC, but this figure has now decreased to 878,000 BTC, a reduction of about 167,000 Bitcoins.
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