ARK Invest increased its holdings of ARKB by more than $8.9 million yesterday and reduced its holdings of BITO by more than $800,000
Cathie Wood's ARK Invest reduced its holdings of 28,936 shares of ProShares Bitcoin Strategy ETF (BITO) on April 19, worth over $800,000. At the same time, it also increased its holdings of 139,152 shares of ARK 21 Shares Bitcoin ETF (ARKB), worth over $8.9 million.
ARK Invest sold more than $3.02 million of Coinbase shares yesterday
Cathie Wood's ARK Invest reduced a total of 11,775 shares of Coinbase stock COIN on April 8, worth about $3.02 million.
Ark Invest sold approximately $3.02 million of Coinbase shares yesterday
According to Ark Invest Daily data, Cathie Wood's ARK Invest sold a total of 11,775 shares of Coinbase stock on April 8th, valued at approximately $3.02 million at the closing price of $256.99 per share.
ARK Invest sold more than $15 million of Coinbase shares and more than $17 million of Robinhood shares yesterday
Cathie Wood's ARK Invest reduced its holdings of 62615 shares of Coinbase on April 5, worth approximately $15.08 million. In addition, it also reduced its holdings of 925635 shares of Robinhood, worth approximately $17.03 million.
ARK Invest reduced its holdings of Coinbase shares by more than $27.2 million yesterday
According to the latest trading documents from the company, Cathie Wood's Ark Invest sold 106,000 shares of Coinbase on Tuesday, worth $27.2 million.
ARK Invest reduced its holdings of Coinbase shares by nearly $150 million last week
ARK Invest sold over 580,000 shares of COIN stock last week, worth $149.85 million at Friday's closing price. This is ARK's largest reduction since the week of February 16. Due to Bitcoin's nearly 50% price increase during the same period, Coinbase's stock price rose more than 80% last month.
A whale transferred 400,000 ARKM to Binance 2 hours ago
On February 9th, a whale transferred 400,000 ARKM tokens (worth $1.46 million) to Binance. The whale had previously withdrawn 1 million ARKM tokens from Binance 72 days ago (on December 28, 2023) at a price of $0.61 per token. Then, 24 days ago (on February 15, 2024), the whale transferred 200,000 ARKM tokens to Binance at a price of $0.68 per token. The most recent transfer of 400,000 ARKM tokens to Binance was at a price of $3.67 per token. The whale currently holds 400,000 ARKM tokens (worth $1.46 million) and has realized and unrealized gains of approximately $2.46 million (+403%) on ARKM.
Ark Invest has sold over $100 million worth of Coinbase stock this week
Cathie Wood's Ark Invest sold 204,469 shares of Coinbase stock on Wednesday, worth $48.8 million. So far this week, the company has sold over $100 million worth of Coinbase stock.
Cathie Wood's Ark Invest Continues Selling Spree, Offloads Coinbase Shares as Prices Surge
Cathie Wood's Ark Invest has continued to sell off its holdings of Coinbase shares, as well as Nvidia and Robinhood shares, amid significant price increases. On March 5, Ark Invest sold an additional $24 million worth of Coinbase stock, and last week offloaded $45 million worth of shares as the price hit a 2-year high. The proceeds were used to increase holdings in Tesla, which saw a price drop of almost 10% amid disputes with OpenAI. Ark funds also sold shares in Coinbase, Nvidia, and Robinhood on March 4.
Ark Invest sold $45 million worth of Coinbase shares last week
Cathie Wood's Ark Invest sold 217,305 shares of Coinbase stock last week, worth nearly $45 million at Friday's close. During the same period, Ark also sold $11.4 million worth of Robinhood stock.
