Coinbase reported a loss of $667 million in the fourth quarter...
Of course, there's the question of whether or not there's a loss.
This does not affect the CEO's ability to sell stock and cash out...
On January 5th, CB CEO sold 40,000 shares at a high price (US$254), cashing out US$10.16 million. Now, Coinbase stock is only US$141. More importantly, this guy has been selling continuously and has never bought more. Is he bearish on the crypto, or is he bearish on Coinbase? 🤔
