This is crazy that it’s only at 4M Why hasn’t some whale transferred in like 50M of BTC to get an extra 500K
$HOOD 5 hours later… $4,395,597 crypto deposits let's assume $HOOD has to pay 2% on $500M that’s a $10M expense to bring over $500M worth of their HIGHEST margin product (crypto) and get users who will deposit more, trade more, probably sign up for a credit card, etc. this type of execution needs to be studied in the business history books when it’s all said and done
I’m sure there are many non-institutional wallets with >1000 BTC on Coinbase, so it isn't a risk of going from non-custodial to custodial.
@Mhong421 @sheikhswampert
I’m sure there are many non-institutional wallets with >1000 BTC on Coinbase, so it isn't a risk of going from non-custodial to custodial.
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