Starting this week with a decline Bitcoin While this trend continues, BTC supporter Cathie Wood’s company Ark Invest continues its sales without slowing down.
At this point in the last weeks Coinbase (COIN) and Grayscale Bitcoin Investment Trust (GBTC) Ark Invest, which has been selling shares, recently sold Coinbase shares.
According to the news of The Block, He sold another 82,255 Coinbase shares worth about $11.5 million from his three funds.
Accordingly, the company 65,297 Coinbase shares from the Innovation ETF (valued at $9.1 million), 15,502 shares from the Next Generation Internet ETF (valued at $2.2 million), and 1,456 shares from the Fintech Innovation ETF (valued at $203,000). He sold Coinbase stock.
Coinbase stock is at $139.6 at the time of writing, still trading more than 60% below its ATH of $342.98 reached during the peak of the last crypto bull market in November 2021.
*This is not investment advice.
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