Coinbase CEO cashed out $550M while COIN fell 50%
The post Coinbase CEO cashed out $550M while COIN fell 50% appeared on BitcoinEthereumNews.com.
Coinbase stocks are finding it difficult to hold their ground as the crypto market is printing red indexes all around. Amid this, the head of digital assets research at VanEck disclosed that Brian Armstrong sold more than 1.5 million shares of Coinbase stock between April 2025 and January 2026. This led him to generate roughly $550 million in proceeds. The cumulative digital assets market cap dipped below the crucial $2.32 trillion mark as Bitcoin hovers at the $67,000 zone. The Fear and Greed index shows that investors’ sentiment has dipped into the “extreme fear” territory. Coinbase’s share price has also dropped by more than 52% over the past 6 months. Armstrong was selling while COIN slid VanEck’s Matthew Sigel shared a table detailing the insider sales that showed the largest single transaction occurred on June 25, 2025. Brian Armstrong sold 336,265 shares at $355.37 each. In a recent trade on January 5, 2026, the Coinbase CEO sold 40,000 shares at $254.92. This indicates continued disposals as the stock retreated from its highs. The sales were reportedly executed under a pre-arranged Rule 10b5-1 trading plan. It is a mechanism commonly used by corporate executives to sell shares on a scheduled basis to avoid allegations of trading on nonpublic information. I think I’m more of a “you go first, @brian_armstrong” kind of guy here. https://t.co/zdZSb8a0WC pic.twitter.com/HrrtTbr8wD — matthew sigel, recovering CFA (@matthew_sigel) February 11, 2026 Sigel, in his post, noted that he would wait for Armstrong to lead any buying before turning more constructive on the stock. A chart included in his post showed Coinbase stock peaking near $350 in late 2025. However, it slid toward $150 in early 2026. The dump mirrored a major downturn in the crypto market. Coinbase shares have declined nearly 60% from their July 2025 peak and are down…
Filed under: News - @ February 12, 2026 12:34 pm