Hedge Vision's avatar
$105m follower assets
Large fund liquidating $CPNG ?
$CPNG Very strange price action the past 2 days, down 20% yesterday and up 13% today

Rumors floating of a big fund getting liquidated.

Largest shareholders as of Q4:

  1. Softbank
  2. CEO Bom Kim
  3. Greenoaks
  4. Baillie Gifford
  5. Maverick Capital

Rihard Jarc's avatar
Were there any news on this?
Hedge Vision's avatar
@rihardjarc No news yet, but on the day it dropped 20% there was a very steep decline near the end of the day
Rihard Jarc's avatar
@hedgevision Yeah I saw it too, that is why was wondering if there was any news or reports on who did the actual selling.