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Ark Invest by Cathie Wood sold $ 12.5 million in Coinbase shares while the Crypto Exchange shares have closed to a new summit of all time.
Coinbase (corner) shares closed negotiations on the Nasdaq yesterday at $ 375.07, up 5.5% for the day and 40% in the last month, according to Yahoo Finance data. Coin had previously reached $ 382 before winning earnings.
The rally continued in exchanges after opening hours, the room increasing by more than 1%.
Ark Invest sells Coinbase and Block Inc. actions
Invested ark took advantage of the recent corner rally to sell $ 12.5 million shares of the SA FNB Ark Innovation Stock Exchange (ARKK). The investment company also unloaded for $ 12.3 million in shares in Block Inc.
According to the recent file of the company, the FNB poured 33,363 actions of documents and 189,649 block actions.
Here is each Cathie Wood and Ark Invest movement made in the stock market today 6/26 pic.twitter.com/psjnndkigt
– Ark Invest Daily (@arkkdaily) June 27, 2025
It was after Ark Invest has executed a series of Circle (CRCL) Oppress sales following the overvoltage of 500% of the action since its public debut of June 4 at the New York Stock Exchange (NYSE).
Analysts separated if the part can continue to pump
After closing the corner record yesterday, analysts were divided on the question if he can continue to increase.
Investment analyst Andy Heilman said in an X job Yesterday, that the weekly view for Coin is still optimistic, but warned that the stock “is due to a decline”.
Chad cryptographic analyst echo Heilman’s feeling that a decline could occur in the short term, adding that the current corner price could be “surprised”.
While Heilman and Chad warn against a short -term potential retirement, another cryptographic analyst, Catonese Cat, said that the corner price seemed “that he just wanted to continue to increase for the moment.”
$ Part The daily expansion of the Bollinger group which seems to want to continue to increase for the moment … pic.twitter.com/ftj70xlqia
– Catois Cat 🐱🐈 (@Cantonmeow) June 26, 2025
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