🚨Coinbase's Bitcoin stock falls by 85,000 BTC in 30 days, marking the second largest decline ever.
- A similar incident occurred in March 2021, when 86,000 BTC left Coinbase.
- Since March 2020, Coinbase's Bitcoin balance has decreased continuously.
- As of July 2021, it decreased from 1 million BTC to 730,000 BTC.
Coinbase's BTC dropped from 411k to 294k in 2 months after the Bitcoin ETF launch.