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ARK Invest Cashes Out $146M in Circle Stock Following Stellar 675% IPO Rally
ARK Invest Cashes Out $146M in Circle Stock Following Stellar 675% IPO Rally
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ARK Invest just made a power move—dumping $146 million worth of Circle shares after the stablecoin giant's jaw-dropping 675% IPO pop. Talk about perfect timing.
Profit-taking or lack of faith? The crypto world's buzzing after Cathie Wood's fund pulled the trigger on this exit. Circle's post-IPO glow might be fading faster than a meme coin's hype cycle.
One thing's clear: in crypto, even the bulls know when to grab the cash and run. Another reminder that in finance, 'long-term hold' often translates to 'until the lock-up period ends.'
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