On-chain data showed over $100 million in ETH was moved, but Coinbase’s financial reports reflected only a small portion retained.
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Base Refutes ETH Selloff Claims, Affirms Commitment to Ethereum Ecosystem
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Rumors about Base selling Ethereum (ETH) from sequencer fees surged on February 10, originating from on-chain data showing large ETH transfers from Base to Coinbase, leading to speculation about potential sell-offs
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