Cathie Wood’s investment company ARK Invest has seen a bulk Coinbase (COIN) stock sale for the first time in a long time.
ARK Invest’s March 21 In total, after a long break, within the transaction made on 13.5 million dollar worth 160,887 It was noted that he sold shares of Coinbase. Sales From the Ark Fintech Innovation ETF (ARKK) carried out.
Month to month since the end of last year coinbase Ark Invest, which has increased its positions on ARKK in the scope of end aspect March at the beginning of the month 2.8 million dollar worth 47,568 COINs had received.
last year July approximately from the bulk sale known to have taken place in 8 months The subsequent sale was Cathie Wood’s to Coinbase. whether he lost his faith brought up the issue.
The current economic uncertainty more in the environment generate cash In addition to being made on behalf of the company in the past year of 85% experiencing a decline coinbase in their shares this time leery thought to behave.
NASDAQ according to data COINSince the beginning of 2023, approximately 170% increased, and at the time of writing the news $83.99 finds buyers at levels.