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Coinbase Puts 99% of Customer Assets Offline. The Other 1% Is $3.8 Billion

Cointribune·November 5, 2026·1 min read
Coinbase Puts 99% of Customer Assets Offline. The Other 1% Is $3.8 Billion

Coinbase said on November 4 that more than 99% of customer assets sit in offline cold storage, days after a $6.34 billion breach at Binance. The claim is self-reported, and the fraction left online is large enough to matter. The remaining 1% amounts to $3.8 billion.

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