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Ark Invest Dumps $12M in Coinbase Stock – Crypto Strategy Shakeup or Just Profit-Taking?
Ark Invest Dumps $12M in Coinbase Stock – Crypto Strategy Shakeup or Just Profit-Taking?
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Ark Invest just made a $12 million exit from Coinbase—sparking fresh debate about crypto's institutional staying power.
Is this a tactical portfolio rebalance or the first domino in a broader retreat? The move comes as Bitcoin flirts with key resistance levels and altcoins show uncharacteristic stability.
Wall Street analysts are already spinning narratives: 'When Cathie Wood sells, retail buys' jokes one trader. Meanwhile, decentralized exchanges quietly hit record volumes—because nothing motivates crypto natives like watching traditional finance fumble its custody solutions.
One thing's certain: in crypto, even the bulls keep their exit strategies closer than their seed phrases.
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