An exchange falls over 4.33% under the dual blow of a US Supreme Court ruling and Ark’s reduction
Bitget2025/07/01 16:51According to ChainCatcher, market data shows that a certain exchange's stock once fell more than 4.33% during trading, and is currently down 3.79%.
On Monday, Cathie Wood's Ark Invest sold 124,892 shares of the exchange, worth approximately $43.8 million. On June 30, the U.S. Supreme Court also rejected a request to protect the exchange's user data from review by the Internal Revenue Service.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
About 700,000 BTC have flowed out of exchanges in the past year.
Korean retail investors shift to the US in Q3: Sold over 5.5 trillion won of Korean stocks, purchased more than 10 trillion won of US stocks
In the third quarter, Korean retail investors made net purchases of US stocks worth approximately 10.15 trillion won, marking a complete reversal from the previous pattern in the first half of the year, when they made net purchases of nearly 100 trillion won in KOSPI stocks. In September alone, the sell-off amount reached as high as 14.2 trillion won. Analysts attribute this shift to a combination of factors: a sharp decline in KOSPI at high levels, the continued strength of the US stock market driven by AI themes, and the appreciation of the Korean won reducing currency exchange costs.
Crypto prices
More
