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news-imageMarch 20, 2025

Coinbase Sells 12,652 ETH in Q4 – Despite These Ethereum Price Jump By 7%

Coinbase, one of the biggest crypto exchanges, reportedly sold 12,652 Ethereum (ETH) in the fourth quarter of 2024, according to Standard Chartered's Geoffrey Kendrick. This sale, worth about $25 million at today's prices, has sparked discussions on whether Coinbase is strategically selling ETH for profit rather than holding it long-term.
Publisher: CoinPedia
Sentiment: Neutral
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