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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Thailand seizes 63 illegal crypto mining rigs that stole over $327k in electricity
Crypto Sniper Incurs $465K in Losses on $XZY Token within 1 Hour
Expert Says Holding Just 1,000 XRP Could Be the Best Financial Decision of Your Lifetime
Chinese Analyst Assesses Ethereum’s Status, Says “Whales Have Run Out of Purchasing Power” – Here’s What He Expects
Chinese cryptocurrency analyst phenomenon Murphy evaluated the latest status of Ethereum in his statement. Here are the details.
Trending news
MoreCrypto prices
More








