Check Out What Whales Are Doing With COIN
Portfolio Pulse from Benzinga Insights
Wealthy investors are showing a bearish stance on Coinbase (NASDAQ:COIN) with significant options activity. The sentiment is split with 39% bullish and 50% bearish. The options activity suggests a price window of $150 to $210. COIN's current price is $169.04, with a consensus target of $175.
October 08, 2024 | 2:16 pm
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Coinbase (COIN) is experiencing significant options activity with a bearish sentiment from wealthy investors. The options suggest a price range of $150 to $210, with the current price at $169.04. Analysts have a target price of $175.
The article highlights a bearish sentiment among wealthy investors in Coinbase, as evidenced by significant options activity. The options data suggests a price range of $150 to $210, indicating potential downward pressure. The current price is $169.04, slightly below the analyst target of $175, suggesting limited upside potential in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100