Coinbase CEO's Continuous Stock Sales Draw Market Attention

CEO Sales Trigger Market Volatility

According to Matthew Sigel, Head of Digital Assets Research at VanEck, Coinbase CEO Brian Armstrong sold 40,000 shares of COIN on January 5, 2026, worth approximately $10.16 million at the time.

Coinbase's stock price has fallen sharply from its peak of $444.64 to the current $153.20, fueling growing concerns about its future prospects.

Continued Selling, No Buying

Records show that Brian Armstrong sold around $437 million worth of shares in Q4 2024, followed by $196 million in Q2 2025 and $268 million in Q3 2025.

• Q4 2024: $437 million in sales
• Q2 2025: $196 million in sales
• Q3 2025: $268 million in sales

Notably, Armstrong did not make any purchases during this period, with a total of 88 sell orders and no增持 activity recorded.