Coinbase sold 12,652 ETH in Q4

Coinbase Exchange sold 12,652 ETH in Q4, following a pattern of risk-adjusted selling, according to Standard Chartered’s Geoffrey Kendrick. According to CoinDesk, he noted that Coinbase net bought ETH at around $2,500 in Q3 and net sold at $4,000 in Q4. While Kendrick suggests a strategic approach, Coinbase stated that any sales were primarily to fund operations, not active trading.