Coinbase's reserves have declined by roughly 150k BTC since the beginning of this year. At this rate they're losing 30k BTC a month. Expect to see some wild things towards the end of this year. That coupled with the possibility of Vanguard launching a SPOT BTC ETF by the end of the year, I am excited. We have lots to look forward to in the coming months. Stack sats and hodl.
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