Crypto Executives’ Major Stock Sales: Coinbase CEO Sells $636M In 2024
Four cryptocurrency executives ranked among America’s top 25 stock sellers in 2024, with Coinbase CEO Brian Armstrong leading the group at $636 million in sales.
SEC filings analyzed by Blockwork reveal that crypto industry leaders joined tech giants like Jeff Bezos and Mark Zuckerberg in taking profits during a year that saw $36.9 billion in total insider stock sales.
The crypto executives’ sales came during a period of price appreciation for both crypto-related stocks and digital assets.
MicroStrategy’s Michael Saylor sold $410.8 million in stock, placing 13th among all executives, while Coinbase co-founder Fred Ehrsam and COO Emilie Choi sold $203.8 million and $186.4 million, respectively.
These sales pushed…