Coinbase Global Inc. (NASDAQ: COIN) co-founder Fred Ehrsam and ARK Invest have collectively offloaded over $14 million in COIN shares during the past 48 hours. What Happened: Based on official data filed with the SEC, a 10% owner of the company, Ehrsam sold 97,836 COIN shares for $13.5 million on Dec. 11. In the last week of November, Ehrsam disclosed the sale of 81,530 shares under an earlier adopted trading plan (August 2023). It accounted for around 7.2% of the shares that he indirectly owned through a living trust, according to Morning Star. Also Read: Ex-Coinbase Pros Raised A $500M Fund …

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