StockNews.AI
COIN
benzinga.com
141 days

This Is What Whales Are Betting On Coinbase Global - Coinbase Global (NASDAQ:COIN)

1. Deep-pocketed investors show a bearish trend towards Coinbase Global COIN. 2. 23% of investors are bullish while 50% are bearish on COIN. 3. Significant options activity indicates a price target range from $2.5 to $500. 4. The current trading volume is 2,856,619 with COIN down 4.1%. 5. Analysts' ratings are mixed, with price targets ranging between $195 and $310.

6m saved
Insight
Article

FAQ

Why Bearish?

The heavy bearish activity in options trading suggests a lack of confidence. Historical trends show volatility often follows significant put option demand.

How important is it?

High options activity and bearish sentiment can significantly influence COIN's price. The mixed analyst ratings may also sway market decisions.

Why Short Term?

The upcoming earnings report and current market sentiment will likely result in immediate price fluctuations. Quick shifts in sentiment are common around earnings.

Related Companies

Related News