Coinbase joint venture Fred Ehrsam and Ark Invest recently sold more than $14.7 million in COIN shares

Information shared by Insider Tracker, a service that tracks transactions by high-profile corporate executives and politicians, shows that Coinbase co-founder Fred Ehrsam sold 97.836 COIN shares on December 11 for $13.2 million. Data from Inside Tracker shows that Coinbase insiders sold a large amount of COIN stock in the past three weeks. Meanwhile, ARK Invest’s daily trading information showed that its ARK Innovation ETF (ARKK) sold 10,933 COIN shares worth approximately $1.5 million. These shares represent 0.0185% of the ARKK ETF. (Cointelegraph)