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Cathie Wood's ARK Invest Sells $49.2M Worth of Coinbase Shares

ARK has been consistently selling Coinbase stock in recent weeks. Friday's is the largest sale since July, when it sold 480,000 shares worth $50.5 million at the time.

https://www.coindesk.com/markets/2023/12/11/cathie-woods-ark-invest-sells-492m-worth-of-coinbase-shares/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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graciouslyunaware 2y ago

They have to keep selling as price increase means it keeps breaching max % allowed.

Replying to

James3v9

The experience is already better on nostr to me. No ads, no algorithm to spam you random posts. The people who spam me #zap me #bitcoin. If the top bitcoins move their posts to nostr it would be game over for bitcoin twitter and eventually all twitter

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graciouslyunaware 2y ago

The ads and copious amount of spam replies/activity make it a real pain to follow anything of interest on there without wasting a ton of time.

Replying to

PAGAN WOLF

The so called “mystery buyer” it’s one of the institutions with ETF application which one is speculating

Is grabbing around 1000 #bitcoin per day and issuance is 600 a day

So if you all out there self custody your coins immediately

The #bitcoin price skyrockets! And you can #zap less #sats at higher values

Thus completing the Bitcoin economy

1 BTC = 1 BTC is not a value mechanism right now, the way to get there is to be the highest priced asset on Earth it becomes unreachable, then u can work out what 1000 sats will buy in value

Take the steps now

Self custody your exchange coins (stop pretending you don’t, Binance have 600k of them mostly allocated)

Send to infinity ♾️ then we can discuss Sat value

Stop skipping ahead

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graciouslyunaware 2y ago

It's BITMEX shifting BTC between wallets.