ARK Sells a Total of 1.25 Million Shares of Circle Stock in the Past Week, Cashing Out Approximately $243 Million

According to Cointelegraph, ARK Invest continued to sell off after Circle's stock surged nearly 250%, selling 609,000 shares of CRCL stock worth $146 million on Friday. Over the week, ARK sold a total of 1.25 million shares, cashing out approximately $243 million. Despite these sales, ARK remains the eighth largest shareholder of Circle, holding shares valued at $750 million.