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Ark Invest sold approximately $13.3 million worth of CEX stocks yesterday.
On July 16, according to The Block, Ark Invest sold 34,207 shares of CEX stock on Tuesday, worth about $13.3 million, after the stock set a closing price record on Monday. In addition, due to shareholding ratio restrictions, Ark Invest also sold $8.7 million worth of Spot Bitcoin ETF. CEX closed on Monday with a pump of 1.8%, reaching a record $394.01, with its market capitalization surpassing the $100 billion mark for the first time.