patrick.net

Coinbase has over 35 million users. --- Those are not institutional investors. Those are your Holder geniuses.

Misc says

Coinbase has over 35 million users. --- Those are not institutional investors. Those are your Holder geniuses.

@Misc
Oh man, please do at least some research....Why in the world would you think the 35M users are ONLY retail? Some here have not even done basic research on what's going on with Crypto.....Which is fine....but then don't comment on the topic with such an obvious lack of knowledge.

There is
Coinbase (for new users)
Coinbase Pro (for advanced users / traders)
Coinbase Prime (for Institutional investors)
Coinbase OTC (Over The Counter, big money investors)

https://news.bitcoin.com/coinbase-20-billion-cryptocurrency-custody-institutional-investors/

"Tejpaul has 25 years of experience in sales and trading, with almost 17 years at Barclays, and nine years at JPMorgan. He explained that he joined Coinbase six months ago, and is now “responsible for growing the institutional adoption of cryptocurrency, across sales, trading, custody, and Prime.” Prime is Coinbase’s services for institutional clients, including asset managers, hedge funds, and VCs.
“It’s a phenomenal time for crypto … Sometimes timing is everything,” Tejpaul opined. “We have had an explosion of activity,” he added, elaborating:
I joined in April this year, at that time our assets, institutional assets under custody were $6 billion, today we stand at over $20 billion, so more than a three time increase."

@Misc

i'll give you that....retail investors are quickly jumping into the market....judging by the enormous amount of interest / google trends and media coverage.

Also....Dogecoin was trending on Twitter the other day....lol