Key Insights:
- Coinbase stock price crashed by about 15% after the release of its Q2 earnings.
- Coinbase stock price was up about 40% over the last 6 months, with the structure revisiting a liquidity zone.
- Coinbase added 2,509 BTC in the second quarter of 2025 while its ETH holdings reached 137K.
Coinbase (COIN) stock continued to thrive on trading floors as its price stayed above $300. COIN is majorly driven by products of Coinbase Global corporation that stem from an exchange to a tradable stocks.
The corporation released its Q2 earnings and Coinbase stock price crashed by about 15% when writing as per Yahoo Finance.
This crash could have originated from holders who potentially offloaded their investment after the report. Also, the big players could have driven the price lower so as to acquire more tokens with bigger positions. That said, a lot more was happening around the stock.
Coinbase Releases Q2 Earnings
Despite the firm’s positive report for its Q2 earnings, most of its estimates were not met. The total revenue for Q2 reached $1.495 billion while enjoying a volume of about $237 billion for the same period.
Almost a third of the revenue contribution came from subscriptions and services, as they aimed for $745 million in the third quarter. About $764M resulted from transactions, which was below the estimate of $810M.
The drop in the stock price showed how sometimes the price is not related to external factors despite the buzz around them. The news got the stock trending on social platforms, driven by the gains seen by those who bought during the dip.
Coinbase Stock Price Gains in 6 Months
The last six months saw the stock rise by 40%, with WOLF stressing his bullish view of Coinbase stock.
This prediction by WOLF coincided with the release of the White House report on crypto, where Coinbase was also mentioned. This heightened its attention among traditional finance and the new internet money.
On a numerical perspective, Coinbase price was trading at $377, just above a key support. An earlier analysis by The Market Periodical noted a similarity in the price of COIN and Ethereum, which is in line.
COIN’s steep ascent in valuation started from a floor price of about $150 per share in early April. The daily trading volume of Coinbase stock was at $12 million when writing.
However, a break below the support level could mean bearishness. This would render the price levels above $400 as resistance once the move reverted back to trending higher.
Coinbase Stock, Bitcoin And Ethereum Holdings Update
Activities around its global corporation drive Coinbase stock. That said, the firm did not fade from accumulating more Bitcoin and Ethereum as the main assets in its treasuries.
Coinbase ranked in the tenth position with a total of 11,776 BTC after adding about 2509 BTC in the second alone. By the time of writing, the total cost of their BTC was $740 million, but had a fair value of $1.26 billion.
These values were more than those of the first quarter, where the total cost was $518 million, but valued at $765 million. This was about a 65% increase from the holdings valuation of Q1.
On Ethereum, Coinbase ranked third among treasuries with a total of 137,300 ETH in July 2025. The correlation was behind SharpLink Gaming and BitMine, which had 360,807 and 300,656 ETH, respectively.
Coinbase, one of the biggest exchanges in the U.S. market, also held other cryptocurrencies apart from the two. Additionally, Coinbase embraced tokenization after it collaborated with ONDO, the leading crypto on this front.
In conclusion, the stock could offer returns bearing in mind the recent boom in crypto but a more cautious approach was encouraged.
The post Coinbase Stock Crashes 15% After Release of Q2 Earnings appeared first on The Market Periodical.
