Fred Ehrsam recently sold $50 million in shares over the last month. He sold hundreds of millions of COIN stock after IPO at the peak in 2021 at prices between $250-$400. He then bought back $125 million+ COIN stock between $60-$70 in May 2022. Anyone have insights or thoughts of crypto heading into 2024? #personalfinance #investments #stocks https://app.stockocean.com/company/coin
Insiders selling generally is bearish
Bought at ATH . Holder for almost 1.5 years sold yesterday
What made you sell?
Realizing it will take a lot of time for them to reach ATH again. I’ll invest else where
Expect new ATH in the next 2 years.
Could be anything, selling some stocks to buy altcoins for ex. We only have one datapoint (winter 21) so it’s not enough to identify a pattern
Common phrase, “there are multiple reasons to sell, but only one reason to buy”
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Sell