Cryptoknowmics
2022-05-28 06:46:44

4 Coinbase Execs. Have Dumped $1.2B Worth of COIN Since its Public Listing

From the time the firm went public in April 2021 until February of this year, four top Coinbase executives made about $1.2 billion in profits by selling their COIN holdings. The four Coinbase executives that sold their COIN shares were ‘Co-founders Brian Armstrong and Fred Ehrsam, as well as President and Chief Operating Officer Emilie Choi and Chief Product Officer Surojit Chatterjee,’ according to the Wall Street Journal. They also sold their Coinbase shares at prices ranging from $189 to $422 per coin. It is ‘Expected’ for Founders to Sell After an IPO or Public Offering From the time the firm went public in April 2021 until February of this year, four top Coinbase executives made about $1.2 billion in profits by selling their COIN holdings. The four Coinbase executives that sold their COIN shares were ‘Co-founders Brian Armstrong and Fred Ehrsam, as well as President and Chief Operating Officer Emilie Choi and Chief Product Officer Surojit Chatterjee,’ according to the Wall Street Journal. They also sold their Coinbase shares at prices ranging from $189 to $422 per coin. COIN Has Lost 80% of its Value Since Listing It’s worth noting that Coinbase (COIN) began trading in April of last year at around $381. COIN is currently trading at $73, representing an 80% drop in value since its initial public offering.The post 4 Coinbase Execs. Have Dumped $1.2B Worth of COIN Since its Public Listing appeared first on Cryptoknowmics-Crypto News and Media Platform.

获取加密通讯
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约