Coinbase CEO and other executives have sold about $7.4 million in Coinbase stock in the past 30 days

Dataroma data shows that Coinbase insiders, including CEO Brian Armstrong and other executives, have sold about $7.4 million worth of company stock in the past 30 days, of which Brian Armstrong sold $5.8 million worth of stock. About 60,000 shares were sold at $3.56 million from March 3 to 15, and about 30,000 shares were sold at $2.24 million on March 21. Meanwhile, other Coinbase executives, including chief people officer Brock Lawrence, chief accounting officer Jones Jennifer, and chief legal officer Grewal Paul, sold a cumulative $1.68 million worth of stock. Foresight News reported yesterday that Cathie Wood’s Ark Invest sold $13.5 million worth of Coinbase stock, marking the first time the fund has sold a significant amount of Coinbase stock since last July.