Feb 20, 02:54 PM
ARK Invest Sells Over $150M in Coinbase Shares Amid Strong Q4 Results, Bitcoin Surges Past $52K
Authors
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ARK Invest, led by Cathie Wood, sold over $150 million worth of Coinbase shares in February. The sales followed the exchange's strong fourth-quarter results and analyst upgrades. Bitcoin also surged past $52,000 amidst the selling activity.
Written with ChatGPT (GPT-3).
Sources
MarketWatch
Cathie Wood’s ETFs sold Coinbase’s stock — worth more than $150 million — in 3 days https://t.co/PJdWDcLRra
Coinage Bitcoin Breaks $52K as Ark Dumps Coinbase https://t.co/Rsr1us1t4l
crypto.news Cathie Wood's ARK Invest has offloaded more than $97 million in Coinbase (COIN) shares in February alone, according to trading history https://t.co/FRp4CHhsMf
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