Brian Armstrong Reveals Retail Users 'Buying The Dip' In Bitcoin, Ethereum: Coinbase CEO Says, 'They Have Diamond Hands'

Benzinga and Yahoo Finance LLC whitethorn gain committee oregon gross connected immoderate items done the links below.

Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong said connected Sunday that retail users connected the cryptocurrency speech showed beardown resilience successful the ongoing marketplace downturn, steadily purchasing Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) during the dips.

Armstrong highlighted connected X a emergence successful autochthonal Bitcoin and Ethereum units held by retail users connected the platform.

“They've been buying the dip,” helium stated. “They person diamond hands – immense bulk of customers had autochthonal portion balances successful Feb adjacent to oregon greater than their balances successful December.”

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It's worthy noting that Google hunt involvement for Bitcoin reached a 5-month precocious successful February, aligning with the apical cryptocurrency’s steep driblet toward $60,000.

Additionally, Binance retail traders successful derivatives showed beardown Bitcoin optimism, with a Long/Short ratio of 1.90, according to Coinglass.

Another cardinal on-chain metric is Bitcoin Exchange Reserve. Notice however they spiked sharply earlier Bitcoin’s sell-off, past steadily dropped, indicating that investors are withdrawing coins for semipermanent HODLing.

Source: CryptoQuant

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Coinbase’s fourth-quarter gross for 2025 deed $1.78 billion, missing expert estimates, but EPS came successful beardown astatine $0.66, beating forecasts. Full-year gross reached $7.2 billion, a 9% summation from past year.

During the net call, Armstrong stated that the institution has the quality to motorboat its ain prediction marketplace business, beyond serving arsenic a retail distributor for platforms like Kalshi.

Image via Shutterstock By Thrive Studios ID

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