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Massive $50 Million $COIN Buy from Co-Founder
If I'm not mistaken, this is one of the first bigger insider buys of COIN? Better than zero, but still pretty lonely. Especially with how much Brian Armstrong has sold.
@nathanworden Yeah, first notable buy i’ve seen in a while. Guess he’s scooping up Armstrong’s shares
I might have a fun scenario on why that co-founder chose to purchase $50 million+ in $COIN stock:
"It is the year 2025, and Web 3 is the dominant force in the tech industry. Coinbase has become the major investment bank for the entire Web 3 universe. The company has a deep understanding of the Web 3 market, and it has a strong track record of success.
Coinbase has helped to finance some of the most innovative Web 3 companies, including OpenSea, Axie Infinity, and Uniswap. The company has also helped to raise billions of dollars for these companies.
As a result of its success, Coinbase has become a major player in the Web 3 ecosystem. The company has a strong brand name, and it is well-respected by investors. Coinbase is also well-positioned to continue to grow in the years to come.
The Web 3 universe is still in its early stages, but it has the potential to revolutionize the way we interact with the internet. Coinbase is well-positioned to be a major player in this revolution."
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