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ARK Invest increased its selling pressure on Circle stocks, selling 609,175 shares of CRCL worth $146.2 million on Friday.
According to Mars Finance, on June 22, ARK Invest intensified its dumping of Circle stocks, selling 609,175 shares of CRCL worth $146.2 million across 3 funds on Friday. Previously, ARK had conducted three consecutive sell-offs in the past week, totaling 1.25 million shares of CRCL stock sold, netting approximately $243 million based on the daily Closing Price.