CryptoOnchain

Coinbase Reserves Hit $112B in BTC, ETH & Stablecoins — Highest in 4 Years

Coinbase Advance’s total USD reserves, including ETH, BTC, and ERC20-based stablecoins, have reached $112B — the highest level since November 2021, marking the peak of the previous cycle. This growth highlights renewed capital inflows into Coinbase and reflects strengthening confidence from both institutional and retail investors. The recovery of reserves to this level can be seen as a strong signal that the market is entering a new phase of demand and accumulation of major crypto assets. In past cycles, rising reserves on major exchanges like Coinbase have often coincided with higher market liquidity and bullish price momentum. Therefore, reaching this four-year high could indicate sustained market strength and preparation for the next major move.