๐ฅ Latest: ARK Invest sells Circle shares worth $146 million!
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๐ Details:
ARK sold 609,123 shares of Circle (CRCL) on Friday, and the stock closed at $240.35, up 248% from the launch price of $69.
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๐ Key Points:
โ Total sales for the week: $243 million
โ ARK still holds a stake worth $750.4 million
โ CRCL's rise reflects strong confidence in USDC
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๐ What does this mean?
โ ARK is taking profits from the strong stock rise
โ Retaining a large stake shows optimism for Circle's future
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โ Does ARK's sale indicate a peak or a buying opportunity?
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