Cathie Wood of Ark Invest just sold nearly 1.41 million shares of Coinbase $COIN, at near all-time lows of $53

Cathie Wood of $ARKK just sold nearly 1.41 million shares of Coinbase, $COIN, at all-time lows of $53.

The average cost average that $ARKK purchased $COIN at was $254.65.

Source: https://cathiesark.com/ark-combined-holdings-of-coin

One would remember that Cathie Wood bought 750k shares of $COIN on IPO Day, at an average in the high 300s

https://www.nasdaq.com/articles/cathie-wood-ark-funds-buy-750000-coinbase-shares-after-ipo-2021-04-15

Coinbase had debuted on the Nasdaq exchange at $381 per share, but quickly hit a high of just under $430, before closing the day at around $328. That closing price gives Wood a $248 million stake in the crypto exchange.