Coinbase Insiders sold over $ 40 million in COIN shares in December

According to Golden Financial, based on data from the United States Securities and Exchange Commission (SEC) and data from the Dataroma website, Coinbase insiders and early investors were sold for $ 40,631,394 of COIN shares. in December. The best marketing tools of many companies make this information available to the public. In the three months to date, Insiders has generated a total of $ 331,744,516 in sales and no purchases during that time period. Co-founder and CEO Fred Ehrsam is also the founder of crypto venture capital firm Paradigm, which sold COIN for $ 31,369,991 in December. At the same time, Superintendent Surojit Chatterjee sold $ 9,007,797 of Coinbase shares and Chief Accountant Jennifer Jones sold $ 253,606 COIN. According to free market data, Coinbase hit an all-time high of around $ 388 per share just days after listing in April, and hit a short-term high of $ 370 per share on November 9. In December, COIN increased. Prices range from $ 315 to $ 252. On January 7, COIN rebounded near a low of $ 220 with sales of $ 5.095 billion. (several blocks)