Coinbase down (another) -15% AH after disappointing earnings


  • Net revenue fell 53% to $1.165B

  • Total trading volume fell 43.5% to $309B

  • Retail & institutional trading volume fell 58% and 36.6%, respectively

  • Monthly transacting users fell 19.3% to 9.2M

  • Sees Q2 MTU Lower VS Q1


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