According to documents reviewed by TheInformation, Coatue Management, a US investment management company focused on technology, has reduced its stake in OpenSea by nearly 90%. Coatue reduced its stake in the NFT platform worth $120 million to $13 million in the second quarter of 2023. This move indicates that OpenSea's valuation is not more than $1.4 billion. In addition to OpenSea, Coatue also reduced its stake in MoonPay, a web3 infrastructure company, by 90%.
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Coatue Management reduces OpenSea stake by 90%
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Over $155 million worth of MEME will be unlocked on May 3, accounting for 31.96% of the circulating supply
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The total open interest of BTC options is $17.83 billion, and the open interest of ETH options is $8.07 billion.
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Grayscale GBTC Bitcoin holdings fell below 300,000 BTC
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