TechFlow news, according to Blocworks, newly compiled data on insider stock sales from around 60 companies in the 2024 S&P 500 index shows that approximately 500 insiders, executives, investors, and other major shareholders reported selling a total of $36.9 billion worth of company shares.
Among them, four crypto executives ranked within the top 25 largest sellers.
Coinbase CEO Brian Armstrong ranked eighth with $636 million in sales, while MicroStrategy CEO Michael Saylor ranked thirteenth with $410.8 million.
Coinbase co-founder Fred Ehrsam ranked 22nd with $203.8 million in sales, a figure that includes COIN stock sold through his trust and sales by the fund Paradigm. Right behind Ehrsam is Coinbase COO Emilie Choi, who sold $186.4 million in shares. These figures place Coinbase seventh on last year’s insider sales leaderboard (among the analyzed companies).
