[CryptoQuant CEO: Coinbase 'Disrupts' Wallets to Protect Privacy, Raising the Threshold for On-Chain Data Analysis] Odaily Planet Daily News – CryptoQuant CEO Ki Young Ju expressed dissatisfaction on the X platform regarding Coinbase's wallet management practices. He stated that Coinbase often disrupts wallets under the guise of protecting privacy. Additionally, the AOP (Account Balance) data released by Coinbase mixes exchange and custodial account balances, making it difficult to accurately distinguish between pure exchange reserves and custodial reserves, thereby raising the threshold for on-chain data analysis. CryptoQuant has reverse-engineered recent changes and adjusted its custom clustering logic to track and capture most real-time Bitcoin inflows/outflows. Currently, its platform only tags wallets that are 100% confirmed to belong to Coinbase (to avoid misjudgment). Some platforms may display higher reserve figures, but this does not necessarily indicate higher accuracy.