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Dec 14, 2023
Coinbase co-founder Fred Ehrsam unloads $13.5 million in shares in the last 48 hours.
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Ehrsam's recent sell-offs follow a series of significant sales starting from November.
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Major shareholder ARK Invest also reduces its holdings in Coinbase in recent weeks.
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The reason behind the sell-offs remains unclear, sparking speculation about confidence in the cryptocurrency exchange.
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Investors closely monitoring the cryptocurrency market amid the sell-off activities.
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The developments raise questions about the broader sentiment within the crypto industry.
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Insights into the dynamics of major players and their impact on the cryptocurrency exchange ecosystem.
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