🚨 Just In: ARK Invest’s Cathie Wood Sells 124,892 Coinbase Shares Worth $43.8M on June 30 📉

A bold move from one of crypto’s most influential backers.

Cathie Wood’s ARK Invest has just offloaded 124,892 shares of Coinbase ($COIN) — valued at $43.8 million — as part of a strategic portfolio adjustment executed on June 30.

📊 What this signals:

🔹 ARK continues active profit-taking after COIN’s strong YTD performance

🔹 Coinbase remains a core holding, but allocation is being rebalanced

🔹 Sale comes amid increased regulatory pressure and crypto market volatility

💬 While ARK is still bullish on the long-term future of digital assets, this sale reflects a tactical shift in exposure as the market tests new highs.

🔥 Cathie Wood isn’t leaving crypto — she’s managing momentum.

Watch the hands, not the hype.

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