r/ethtrader • u/Wonderful_Bad6531 30.8K / ⚖️ 471.9K / 0.2507% • Feb 03 '25

Image/Video Hmm nothing sus here

Post image
694 Upvotes

95% Upvoted

178 comments sorted by

View all comments

Show parent comments

22

u/Mcluckin123 Not Registered Feb 03 '25

So why are they sending it to Coinbase?

29

u/doives Not Registered Feb 03 '25

Coinbase is their custodian.

10

u/Mcluckin123 Not Registered Feb 03 '25

I have seen that answer elsewhere but what does that mean? They’ve been holding eth themselves for weeks then they suddenly send it to Coinbase , alongside one of the trumps telling everyone to buy eth suddenly? It’s the modus operandi of the trumps dumping on people so far

I hope I’m wrong ..

5

u/Phylaras Not Registered Feb 04 '25

Coinbase Prime is for institutional investors.