As known Bitcoin (BTC) her bull Cathie Wood’s company Ark Invest He has been collecting Coinbase and Robinhood stock for a long time.
Other than Coinbase and Robinhood, Ark Invest holds Grayscale Bitcoin Trust (GBTC) It also has shares.
Ark Invest, which has been selling in recent weeks, has made another share sale again.
At this point, Ark Invest, which recently sold GBTC, has now sold Coinbase shares.
According to TheBlock news, Ark Invest sold 43,956 Coinbase shares (COIN) worth approximately $5.3 million on Monday, as the value of Coinbase stock reached an 18-month high.
After this sale, Ark Invest also made purchases. Accordingly, the company Ark purchased 143,063 Robinhood shares ($1.2 million worth) for its Fintech Innovation ETF.
Coinbase shares are currently trading at $119. This level reveals an increase of more than 50% compared to the previous month and a 228% increase year-to-date.
Despite these increases, COIN Its price is still trading 60% below its all-time high of $342.98 during the peak crypto bull market in November 2021.
*This is not investment advice.
For exclusive news, analysis and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price monitoring now by downloading our applications!