COICoinbase
Coinbase holds roughly 12 percent of all bitcoin in existence and 11 percent of all staked Ether. Founded in 2012, the San Francisco exchange has built one of crypto's largest on-chain footprints across both Bitcoin and Ethereum networks. The tracked addresses on this page represent verified wallet clusters tied to the platform's custody and operational infrastructure.
These addresses were identified through regulatory filings, public disclosures, and on-chain clustering analysis. Coinbase operates Coinbase Custody as a separate legal entity, managing institutional and retail holdings across cold storage and operational wallets. The separation between exchange hot wallets and custody cold storage reflects the platform's tiered security model.
Coinbase Custody uses geographically distributed vaults and air-gapped cold storage for institutional clients. Exchange wallets handle daily deposits, withdrawals, and trading settlement. The addresses tracked here span both operational liquidity pools and longer-term custodial holdings, giving insight into inflows, outflows, and periodic rebalancing patterns.
