ARK Invest sold $14.8 million worth of Coinbase shares yesterday before Coinbase announced its Q2 revenue

ChainCatcher news, according to Coindesk, Cathie Wood's investment firm ARK Invest sold $14.8 million worth of shares in cryptocurrency exchange Coinbase (COIN) on Thursday, marking the largest single-day withdrawal since May 7, ahead of the exchange's second-quarter earnings report. This withdrawal indicates that the company sold more Coinbase shares on the first day of August than the total sold in the previous two months combined. In June and July, shares worth $2.88 million and $7.93 million were sold, respectively.