Results are in
Coinbase now hold 152,649 ETH, meaning they sold about half of their sequencer fees
Meanwhile they bought 643 BTC
This essentially means they are accumulating BTC at 8x the rate than that of ETH, and are still effectively swapping ETH for BTC
It's that time again
Coinbase results tomorrow (and unlike Robinhood they do actually disclose ETH holdings)
150,279 ETH held at Q2
4,366 ETH earned during Q3
The question is: are they over or under 154,645 ETH?