Goldman Director’s $65M Stock Sale Coincides With Crypto Market Resurgence
Goldman Sachs director David Viniar sold $65 million in GS shares this week as the stock hit multi-year highs. The sales represent partial profit-taking after a 36% rally, with Viniar retaining $163 million in holdings—a vote of confidence in the bank's crypto-adjacent growth areas.
The transactions follow resurgent capital markets activity where Goldman has been a key player in bitcoin ETF launches and institutional crypto infrastructure. Like crypto assets, GS shares have benefited from rebounding IPO pipelines and trading volumes.
Notably, the sales occurred NEAR $975/share—a level that correlates with recent all-time highs for crypto custody partners like Coinbase (COIN). This parallel suggests traditional finance insiders may be rebalancing portfolios across both legacy and digital asset exposures.