Saksham Diwan

Saksham Diwan is a research analyst at CoinDesk with five years of experience in the digital assets industry. Saksham has spent most of his career on the buy side, initially as an investment analyst at Aaro Capital, a crypto fund of funds, where he led market research, tracked markets and on-chain indicators, and analyzed fund strategies. He later worked as a research analyst at Re7 Capital, a long-only crypto hedge fund, where he developed investment theses, monitored portfolio holdings, built the firm’s research backend and maintained relationships with leading DeFi protocols.

Saksham Diwan

Latest from Saksham Diwan


Research Reports

The Float Is the Business

Stablecoins made moving money free, so value shifted to float and clearing: a low-risk core incumbents own, and an underserved frontier they won’t serve.

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Markets

One year after 10/10 flash crash, bitcoin and ether liquidity have rebuilt, but altcoins still face risks

Bitcoin and ether order books are deeper than before the crash, while altcoin liquidity keeps eroding and spot trading remains well below its October 2025 peak.

Liquidity divergence (CoinDesk data)


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Research Reports

Robinhood Chain: A Distribution Moat the Market Is Already Pricing

Robinhood Chain: TVL up 90% to ~$757M, $1.69B daily DEX volume, ~$20M holder revenue - all from crypto-native flow, with Robinhood's own users still just 1-2%.

Robinhood Chain  Image

Crypto Daybook Americas

Bitcoin faces $80,000 test as thinner weekend liquidity looms

Your day-ahead look for Aug. 21, 2026

Chart showing weekly net inflows and outflows of U.S. spot bitcoin ETFs.


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Crypto Daybook Americas

Bitcoin’s volatility has nearly disappeared. The risk hasn’t.

Your day-ahead look for Aug. 7, 2026

Warning, risk (Greg Montani/Pixabay)

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