TechFlow News, January 4 — According to Blockworks, SEC filings show that in 2024, executives from the cryptocurrency industry stood out among insiders selling shares at major companies including the S&P 500. Among approximately 500 insiders who collectively sold $36.9 billion worth of stock, four crypto executives ranked within the top 25:
1. Coinbase CEO Brian Armstrong sold $636 million, ranking eighth;
2. MicroStrategy founder Michael Saylor sold $410.8 million, ranking thirteenth;
3. Coinbase co-founder Fred Ehrsam (including his trust and Paradigm fund) sold $203.8 million, ranking twenty-second;
4. Coinbase COO Emilie Choi sold $186.4 million, ranking twenty-third;
In terms of total company-wide sell-off volume, the top twelve are as follows:
1. Amazon: $13.5 billion
2. Walmart: $4.84 billion
3. Palantir: $4.14 billion
4. Meta: $2.72 billion
5. NVIDIA: $2 billion
6. Salesforce: $1.27 billion
7. Coinbase: $1.25 billion
8. Oracle: $842 million
9. Apollo: $630.6 million
10. Intuit: $593.9 million
11. MicroStrategy: $567.8 million
12. Netflix: $528.3 million
Notably, Jeff Bezos, Executive Chairman of Amazon, accounted for one-third of the total sell-off amount with $13.4 billion. Meta CEO Mark Zuckerberg ranked second with $2.5 billion in sales, while Palantir co-founders Alexander Karp and Peter Thiel cashed out $1.9 billion and $1.5 billion respectively through direct sales or trust funds.
