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As of Q2'24, COIN's current contract liabilities stand at USD 273.4B, reflecting a decrease from the previous quarter's peak of USD 334.7B in Q1'24. This latest data point marks a significant reduction quarter-over-quarter, following a period of sharp growth. From Q1'23 to Q4'23, current contract liabilities remained relatively stable, fluctuating between USD 117.8B and USD 197.2B. However, there was a notable surge in Q1'24, with liabilities jumping to USD 334.7B, more than doubling from the prior quarter. The subsequent decline in Q2'24 suggests a reversal or normalization after this spike, indicating volatility in the company's contract liability obligations over the most recent periods. The chart covers data from Q1'23 to Q2'24, highlighting both stability and recent volatility in COIN's contract liabilities.