Short COIN/Long BTC Trade Will Be a Winner as Soaring Coinbase Nears Overvaluation: 10x Research

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Short COIN/Long BTC Trade Will Be a Winner as Soaring Coinbase Nears Overvaluation: 10x Research

coindesk.com/markets/2025/06/27/time-to-short-coinbase-coin-and-long-bitcoin-btc-as-high-flying-coinbase-nears-overvaluation-10x-research

Shares in Nasdaq-listed cryptocurrency exchange Coinbase (COIN) are fast approaching an overvaluation threshold, 10x Research, headed by Markus Thielen, said Friday. Thielen is recommending a pair trade that comprises a short position in COIN and a simultaneous long position in bitcoin…

This story appeared on coindesk.com, 2025-06-27 13:00:50.