DAT Buying Remains Frozen Post-Crash, Says Coinbase

Cryptocurrency buying activity by Digital Asset Treasury (DAT) firms has plummeted since the market crash on October 10. In fact, Bitcoin purchases dropped to the lowest level seen all year, according to a top analyst. David Duong, Head of Coinbase Research, posted the analysis on his X account on Tuesday. He started with the question, “Where are the DATs?” His data shows that most DAT purchases have been concentrated in Ethereum (ETH) in the past two weeks source: https://beincrypto.com/dat-buying-remains-frozen-post-crash-says-coinbase/