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Dec 14, 2023

Coinbase Co-Founder & ARK Invest Sell Shares Amid Uncertainty

Coinbase co-founder Fred Ehrsam unloads $13.5 million in shares in the last 48 hours.

Founder's Sell-Off

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Ehrsam's recent sell-offs follow a series of significant sales starting from November.

Ongoing Trend

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Major shareholder ARK Invest also reduces its holdings in Coinbase in recent weeks.

ARK Invest's Move

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The reason behind the sell-offs remains unclear, sparking speculation about confidence in the cryptocurrency exchange.

Uncertain Motives

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Investors closely monitoring the cryptocurrency market amid the sell-off activities.

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Market Watch

The developments raise questions about the broader sentiment within the crypto industry.

Cryptocurrency Landscape

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Insights into the dynamics of major players and their impact on the cryptocurrency exchange ecosystem.

Industry Dynamics

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