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1confirmation Founder: Coinbase has been hoarding ETH, Robinhood to follow suit

Summary: According to reports, 1confirmation founder Nick Tomaino stated on X platform that Coinbase has been hoarding ETH, with over $335 million worth of ETH currently on its balance sheet. Robinhood is also set to follow Coinbase's lead, with other companies expected to emulate this trend. While still in the early stages, competition for ownership of ...

According to reports, 1confirmation founder Nick Tomaino stated on X platform that Coinbase has been hoarding ETH, with over $335 million worth of ETH currently on its balance sheet. Robinhood is also set to follow Coinbase's lead, with other companies expected to emulate this trend. While still in the early stages, competition for ownership of ETH on Layer 2 has already begun.

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