📉 Coinbase CEO Moves to Cash: $550M in Stock Sold…

Brian Armstrong has sold another tranche of $COIN shares worth $101 million. Over the past year, he has executed 88 sales and zero purchases, cashing out more than $550 million in total.

👉 This comes as Coinbase stock has fallen 60%, dropping from $445 to $151.

Despite the sales, Armstrong remains the company’s largest shareholder, holding a stake valued at approximately $14 billion.

Some investors view this as a red flag (insider selling), while others see it as routine portfolio diversification.

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