While the leading cryptocurrency Bitcoin and altcoins started the new week in green, BTC exceeded $ 72,000.
While there was an increase in altcoins led by Ethereum, ETH also exceeded the critical resistance level of $ 3,500.
While BTC and altcoins continue their rise, new sales news came from Ark Invest, the company of BTC supporter Cathie Wood.
According to The Block, Ark Invest recently sold another 62,615 Coinbase shares worth $15.1 million as it continues to rebalance its investment portfolio.
Accordingly, the company sold 52,295 shares (valued at $12.6 million) from its Innovation ETF (ARKK) and 10,320 shares (valued at $2.5 million) from its Next Generation Internet ETF (ARKW).
In addition, while the market value of Coinbase shares held by the ARKK fund is 669 million dollars, the market value of COINs held by the ARKW fund is worth 160 million dollars at current prices.
As it is known, Ark Invest collected Coinbase (COIN) shares at rock bottom prices for a very long time. After this, the company started sales in COIN and occasionally sells COIN.
*This is not investment advice.