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Coinbase Global Inc. drawdown: 58.3% below the all-time high

Coinbase Global Inc. is 58.3% below its all-time high, set Jul 18, 2025 (as of market close, Sep 11, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.

Below all-time high
−58.3%
41.7% of ATH
All-time high
$419.78
Jul 18, 2025
Time below the high
14 mo
since Jul 18, 2025
Worst-ever drawdown
−90.9%
Dec 28, 2022
Longest underwater
3.6 yrs
between all-time highs
Today's level first reached
Apr 14, 2021
5.4 yrs ago
Last time this deep
Sep 6, 2024
in a previous episode

% of all-time high since 2021#

The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.

Basis
Range
All-time high = 100%20%40%60%80%
COIN close · log50.00100200
20222023202420252026

The deepest drawdowns on record#

Every decline of 15% or more from an all-time high (price basis), deepest first.

PeakTroughDepthPeak → troughRecovered byUnderwater
Nov 9, 2021Dec 28, 2022−90.9%14 moJun 26, 20253.6 yrs
Jul 18, 2025Feb 12, 2026−66.4%7 monot yet14 mo+
Apr 16, 2021Jul 19, 2021−35.5%3 moNov 3, 20217 mo

Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.

Drawdown vs what came next#

One dot per month since 2021: how far Coinbase Global Inc. stood below its all-time high, and the total return over the following 1, 5 and 10 years.

1950–19992000–today

Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.

FAQ#

How far is Coinbase Global Inc. from its all-time high?
Coinbase Global Inc. is currently 58.3% below its all-time high, set Jul 18, 2025 (as of market close, Sep 11, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest Coinbase Global Inc. drawdown ever?
The deepest decline on record in our data (since 2021) took Coinbase Global Inc. 90.9% below its prior high, bottoming Dec 28, 2022. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from COIN; no free deep history exists for Coinbase Global Inc. — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.

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