According to public trading data, Coinbase co-founder Fred Ehrsam and ARK Invest have sold more than $14 million of Coinbase shares over the past 48 hours.
Information shared by Insider Tracker, a service that shares trading information of high-profile company executives and politicians shows that Ehrsam sold 97.836 COIN shares for $13.2 million on Dec. 11.
Coinbase Co-Founder sells another $13M in shares as the major insider selling continues pic.twitter.com/WvNK3lH3iK
— Insider Tracker (@TrackInsiders_) December 11, 2023
Meanwhile, ARK Invest’s daily trade…
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