Cathie Wood, Who Gathered From the Bottom, Didn’t Mind the Drop in Bitcoin! It Sells a Large Quantity!

The leading cryptocurrency Bitcoin and altcoins started the new week with a decline after the tremendous rise.

However, this decline did not affect BTC supporter Cathie Wood’s company, Ark Invest, to sell.

As it is known, Ark Invest has been collecting Coinbase (COIN) shares for a long time. Taking action with the increase in the Coinbase share price, the company had sold shares consecutively in recent weeks.

Finally, Ark Invest made another sale, selling 180,422 Coinbase shares worth $24.3 million last week.

According to Coindesk, Ark Invest sold another 335,860 Coinbase shares worth $49.2 million.

While this latest sale was recorded as the company’s largest sale since July, the company sold 480,000 Coinbase shares worth $50.5 million in July.

Ark Invest also sold Grayscale Bitcoin Investment Trust (GBTC) shares in addition to Coinbase shares.

Accordingly, Ark Invest also sold 102,672 GBTC shares worth $3.6 million, in addition to the $3.5 million worth of GBTC it last sold.

*This is not investment advice.