TradingKey – Cathie Wood buys low on Coinbase and sells high on Robinhood, precisely capturing their divergent stock price movements.

On Wednesday (June 17) EST, Cathie Wood’s rotation between high and low-priced crypto-concept stocks truly showcased her highly representative contrarian trading style. According to disclosed trading data, Wood’s investment firm, Ark Invest, yesterday sold over 270,000 shares of Robinhood ( HOOD) stock, valued at approximately $29 million; while simultaneously buying over 110,000 shares of Coinbase ( COIN) stock, valued at approximately $18 million.

In October last year, Robinhood’s stock price surged above $150, hitting an all-time high, before subsequently falling continuously, with a maximum drawdown of…