Cathie Wood dumped $100M in Circle

All (all) (Including us) retains screaming and yelling About how successful Ipo Circle was.

Well, it’s hard not to talk about it – Crcl jumped about 170%on 1 days, and people took him as a sign that Wall Street becomes more open to the cryptum of the company.

Then, Kahovi – This title falls:

ARK INVEST CATHIE Wood has sold circular shares worth almost $ 100 million.

Wait … is that the end? Is the circle cooked? Did ARK just call the top ??

*Starts running in panic* *

Keep. Inhaled. This looks scary but not necessarily a red flag.

Here’s what’s actually happening:

Circle supplies are absolutely torn after the public – again, +170% on the first day and +543% of now.

Ark probably just wanted lock in some short -term gains Though it’s still hot. Completely normal.

Also, context: they bought more than 4m CRCl shares. What they sold was only 14% of that. So they don’t merge – it’s a lining.

ARK doing such things all the time. Get in early, take partial profits, stay flexible.

If more large investors began to be sold – or if the retailers in retail were scared – Then, yes, we would have problems. But for now, No other major circles supporters have reported on sale.

Plus, Circle’s Basics of business have not changedSo the company definitely doesn’t fall apart:

• USDC He is still at the top with a $ 61 billion circulation, and Circle earns interest on these reserves;

• An ingenious act He moves forward, and if he passes, he would legitimize stabiclene issued in the US.

If you are looking for real Red flags, watch out for these:

👉 A large volume + sells multiple institutions. One big salesman could be noise. The crowd that hurries at the exit? It’s a sign.

👉 How Crcl behaves as we approach on July 19Aka the day of expiry of the option, when the contracts contracts in investors expire. This can cause additional prices changes, so if CRCL holds about $ 15 to $ 160, we are good.

👉 Insayer sales after December. Then the Locking period ends after the IPO, and companies executors are finally allowed to sell their shares. If a lot of them start to sell them – You will see this in the SEC Form 4 submission – They are probably not sure of the company’s future and you should start paying attention.

Until then, let’s not lose our minds.

You are in knowledge now. But think about your friends – they probably have no idea. I wonder who could fix it … 😃🫵 Expand the word and be a hero you know you are!