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Coinbase reserves hit $112 billion, hitting a four-year high

Source: Odaily
Odaily Planet Daily News CryptoQuant analyst CryptoOnchain disclosed that the total Coinbase reserves, including BTC, ETH and ERC 20 stablecoins, have reached US$112 billion, the highest level since November 2021. This growth reflects increased confidence among institutional and retail investors and the recovery of capital inflows. Analysis points out that the rise in reserves on major exchanges is usually accompanied by an increase in market liquidity and an increase in price momentum. This reserve hit a four-year high or indicates that the market has entered a new stage of demand and accumulation, and is ready for the next round of major market conditions.
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