Cathie Wood’s ARK sells 135k Coinbase shares as COIN hits $90

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Cathie Wood’s ARK sells 135k Coinbase shares as COIN hits $90
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Major Bitcoin bull Cathie Wood has offloaded another 135,152 Coinbase shares in ARK’s second COIN sale this year.

is taking some profits from ARK Invest's large Coinbase holdings by selling a small portion of its COIN stash.

The sale comes as the Coinbase stock price has been seeing a sharp increase. On July 11, COIN briefly$90, surging from around $82 to as high as $90.9, according to data from TradingView. Following Wood’s sale, the stock closed at $89 on Tuesday.

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