Ark Invest Takes Gain on Coinbase Stock Amid Parabolic Run

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Ark Invest Takes Gain on Coinbase Stock Amid Parabolic Run
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Cathie Wood's Ark Invest has sold another tranche of Coinbase stock amid market rally

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Market data shows COIN closed Monday's session up 5%, and it has inked another 7.94% in the premarket, taking the price to $83.34. Besides the Coinbase sales, Ark Invest also notably dumped 100,739 Grayscale Bitcoin Trust shares. as high as $34,500, up by more than 10% in the past 24 hours. Had Ark Invest waited some more, it might have sold off these assets at a much higher price than it did.

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