Base clarified that transferring ETH to Coinbase is for security and auditing, rejecting claims that the funds were being sold.
Full story: https://www.coinspeaker.com/base-refutes-eth-selloff-claims-affirms-commitment-to-ethereum-ecosystem/
Full story: https://www.coinspeaker.com/base-refutes-eth-selloff-claims-affirms-commitment-to-ethereum-ecosystem/