Overview

• CryptoQuant reported Coinbase’s combined Bitcoin, Ethereum and stablecoin reserves at $112 billion, the largest level since November 2021.
• The increase reflects new inflows from both retail and institutional clients, according to analyst commentary cited by multiple outlets.
• Market watchers associate rising exchange balances with improved liquidity and historically correlated periods of firmer price momentum, noting the link is indicative rather than predictive.
• A jump in stablecoin holdings suggests significant ready-to-deploy buying power that can move quickly into trading.
• Separately, Coinbase Payments was named a core contributor to the Open Intents Framework to advance secure cross-chain asset movement with partners including Hyperlane, Across Protocol and OpenZeppelin.