coinbase

According to Arkham monitoring, Grayscale transferred approximately 296 bitcoins, worth about $20.86 million, to a Coinbase Prime address through its Bitcoin fund, Grayscale Bitcoin Trust.In addition, Grayscale's Avalanche Trust fund also transferred 27,731 AVAX tokens to an independent address.

According to Coinglass data, the Coinbase Bitcoin Premium Index has been positive for 2 consecutive days, currently reported at 0.0231%. Over the past 10 days, it has been in positive premium for 5 trading days, indicating that buying sentiment in the U.S. market is starting to warm up, after being in negative premium for 40 consecutive days.The Coinbase Bitcoin Premium Index is used to measure the difference between the Bitcoin price on Coinbase (a mainstream trading platform in the U.S.) and the global market average price. This index is an important indicator for observing the flow of funds in the U.S. market, institutional investment enthusiasm, and changes in market sentiment.A positive premium indicates that the Coinbase price is higher than the global average price, which usually means: strong buying in the U.S. market, active entry of institutional or compliant funds, ample dollar liquidity, and optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average price, which typically reflects: significant selling pressure in the U.S. market, decreased risk appetite among investors, increased market risk aversion, or capital outflow.

According to Onchain Lens monitoring, BlackRock deposited 566.88 BTC into Coinbase, worth approximately 39.64 million USD, and also deposited 7,552 ETH, worth approximately 15.52 million USD, with the possibility of continuing to deposit more assets.

a16z partner Noah Levine posted on the X platform, stating that a previous Bloomberg article cited data from x402.org claiming that AI agents completed $24 million in payments within 30 days, but Allium Labs data shows that the actual transaction volume for AI agents during the same period was about $3 million, and after excluding wash trading, it was approximately $1.6 million.Levine noted that current AI payment activities are mainly concentrated in the developer tools sector, including web scraping platform Firecrawl, AI browser Browserbase, and AI image platform Freepik. Companies like Stripe, Cloudflare, and Vercel have integrated the payment standard x402 developed by Coinbase, and Google has also embedded this system into its agent payment protocol. Levine stated that the $1.6 million transaction volume is not large, but the scale of the infrastructure built around it is considerable, as these companies are betting on the market prospects after AI agents become the default buyers.Additionally, Coinbase announced that its x402 Facilitator has added support for Polygon, allowing developers to accept USDC payments on Polygon, Base, and Solana. Coinbase CEO Brian Armstrong stated that the transaction volume of AI agents will soon surpass that of humans.

According to BitcoinNews, the cryptocurrency exchange Coinbase is accused of potentially lobbying U.S. lawmakers behind the scenes against establishing a small transaction tax exemption for Bitcoin, suggesting that the exemption should be limited to stablecoins.Previously, Bitcoin policy advocate Marty Bent disclosed on social media that Coinbase has told lawmakers "no one uses Bitcoin as a currency" and believes that establishing a small tax exemption for Bitcoin would be a "subsidy destined to fail." The crypto community considers this "very concerning" if true, aligning with recent worries about cryptocurrency legislation (such as the GENIUS Act), namely that some policies may be influenced by special interest groups and regulatory capture rather than genuinely promoting innovation. Over the past three months, there has been a noticeable shift in policy discussions on Capitol Hill, with some proposals leaning towards providing small transaction tax exemptions only for stablecoins, excluding Bitcoin.Additionally, the Bitcoin advocacy organization Bitcoin Policy Institute stated that ongoing communication with lawmakers continues, and limiting the small tax exemption policy to stablecoins would be a strategic mistake for U.S. policy, as the organization has long advocated for exempting small Bitcoin transactions from capital gains tax.

According to Arkham data, at 11:17, 200 BTC (worth approximately 13.87 million USD) were transferred from Coinbase to multiple addresses, with some of it flowing into Chivo Wallet.

According to on-chain analyst Yu Jin's monitoring, following the transfer of 24.475 million ONDO (6.12 million USD) to Coinbase by Ondo Finance's multi-signature wallet half a month ago, the Ondo Finance multi-signature wallet has transferred another 10 million ONDO (2.58 million USD) to Coinbase.

According to market news, BlackRock withdrew a total of approximately 2,653 bitcoins, worth $187.42 million, from Coinbase Prime through its Bitcoin exchange-traded fund IBIT this morning.

According to Arkham data, at 09:11, 243.65 BTC (worth approximately 12.44 million USD) was transferred from an anonymous address (starting with 1JpkC...) to Coinbase Prime Custody.

According to Arkham data, at 06:25, 232.33 BTC (worth approximately $10.595 million) was transferred from an anonymous address (starting with bc1qdm0a2...) to Coinbase Prime. Subsequently, the address transferred a portion of the BTC (82.33 BTC) to another anonymous address (starting with bc1q7352...).

According to Lookonchain monitoring, a newly created wallet (0xFB0f) has just withdrawn 8,209 ETH from Coinbase, worth 16.85 million USD.

According to market news, a newly created wallet address "3CziMF" withdrew 2000 BTC from Coinbase, worth approximately 140 million dollars.

Coinbase Institutional posted on social media that the Short-Term Holder Spent Output Profit Ratio (SOPR) metric can measure whether recent buyers are selling their assets at a profit or a loss. This helps us understand whether newcomers are panic selling, a dynamic that typically flushes out "weak hands" and cleanly resets spot positions.Since late February, the SOPR metrics for short-term holders of Bitcoin and Ethereum have both shown a rebound, indicating that recent spot demand has been strong enough to absorb the selling pressure, demonstrating that market positions are more resilient.

According to Arkham data, at 11:50, 200 BTC (worth approximately 13.91 million USD) were transferred out of Coinbase, with some flowing into Rollbit.

According to Arkham data, at 01:42, 730.34 BTC (worth approximately 51.15 million USD) was transferred from Coinbase to Anchorage Digital.

According to Arkham monitoring, Grayscale transferred a total of approximately 6,594 ETH to a Coinbase Prime address, worth about 13.54 million dollars.

According to OnchainLens monitoring, BlackRock deposited 1,133.78 BTC (approximately 80.24 million USD) and 27,189 ETH (approximately 56.10 million USD) into Coinbase, with a total value of about 136 million USD.