On Tuesday, Cathie Wood’s fund sold 160,887 shares of COIN for $13.5 million when the stock was at approximately $83 a share. Just over 48 hours later, ARK bought the dip and purchased 268,928 shares of COIN as the stock fell and closed Thursday in the U.S at $66.30.
Crypto Market Sell-Off Was Driven by Retail Investors, JPMorgan (JPM) Says
Cryptocurrency markets have seen significant profit taking in recent weeks, with retail investors playing a bigger part in the sell-off...