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Money

Brian Armstrong’s Newest $101M Coinbase Sale Comes as COIN Hits Multi-Month Lows— What Does It Sign for Crypto?

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Last updated: February 12, 2026 12:49 pm
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Brian Armstrong’s Newest 1M Coinbase Sale Comes as COIN Hits Multi-Month Lows— What Does It Sign for Crypto?
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Key Takeaways

  • Brian Armstrong offered $101 million in Coinbase inventory on Jan. 5, 2026.

  • Coinbase (COIN) has fallen greater than 60% from its 2025 peak close to $420.

  • The crypto market stays in a deepening bear part, with Bitcoin down about 45%.

Coinbase CEO Brian Armstrong has offered one other giant block of firm inventory, COIN.

The sale, flagged in current filings and highlighted by market observers, provides to a gentle sample of divestments by Armstrong over the previous 12 months.

For buyers already navigating a risky crypto cycle, insider promoting at this scale inevitably raises questions on sentiment on the high.

Over the previous 12 months, Armstrong’s cumulative sell-offs have amounted to round $550 million, marking an prolonged streak of liquidating holdings.

This development started in earlier quarters, throughout which Armstrong periodically decreased his stake in Coinbase World Inc., the U.S.-based cryptocurrency trade he co-founded and leads.

Insiders counsel it might be a part of routine monetary planning, diversification efforts, or precautionary measures in a risky market atmosphere.

Whereas Armstrong holds a considerable fairness place, he has not publicly commented on this specific transaction.

Traditionally, such govt gross sales are widespread in tech and crypto corporations, usually tied to pre-scheduled buying and selling plans beneath SEC Rule 10b5-1 to keep away from insider buying and selling allegations.

Nevertheless, the timing of the $101 million sale—coinciding with Coinbase inventory plunging—has fueled debate about management confidence within the firm’s trajectory.

Critics argue repeated sell-offs by a CEO throughout market stress may erode investor belief, particularly in sentiment-driven cryptocurrency markets.

Coinbase’s inventory (COIN) has endured a steep downturn.

It has shed over 60% of its worth from its 2025 peak of $419.78 on July 18 to a current closing worth of $153.20 as of Feb. 11, 2026.

This 63.5% drop outpaces broader market corrections and displays the intertwined fortunes of Coinbase with the broader crypto ecosystem.

Armstrong’s clear gross sales, recorded by SEC filings, present a sample of changing fairness into money as Coinbase expands globally and innovates in areas corresponding to decentralized finance (DeFi) and institutional companies.

Armstrong’s COIN sale comes amid a broader crypto market downturn.

The full cryptocurrency market has misplaced roughly $2 trillion in worth since peaking at $4.379 trillion in early October 2025, now hovering round $2.3 trillion.

Bitcoin (BTC), the bellwether asset, has plummeted from highs close to $120,000 in late 2025 to roughly $66,000-$67,000 in mid-February 2026, marking a forty five% drawdown and its longest shedding streak since 2018.

Ethereum (ETH) has fared worse, dropping over 35% up to now month to $1,950. 

This sell-off, exacerbated by occasions such because the Oct. 10, 2025, crash and the document $3.2 billion in Bitcoin realized losses on Feb. 5, alerts deepening bearish circumstances that would persist into summer time.

On-chain metrics from Glassnode and CryptoQuant reveal structural weaknesses, together with unfavorable Coinbase premiums, drying stablecoin liquidity, and important ETF outflows totaling $434 million for Bitcoin and $80 million for Ether in current periods.

The Bitcoin Bull Rating Index has dipped beneath 40—a stage not seen for the reason that 2022 crash—indicating heightened draw back danger.

Bitcoin bull rating index dropping. Credit score: CryptoQuant

A number of analysts warn that Bitcoin may proceed testing decrease ranges within the coming months:

  • Steven McClurg of Canary Capital forecasts potential Bitcoin lows close to $50,000 by summer time, pushed by deleveraging and danger aversion.

  • Markus Thielen of 10X Analysis anticipates a drop to $40,000 inside 6–8 months absent recent market catalysts.

Armstrong’s inventory sale amplifies these bearish alerts.

Insider promoting throughout durations of market weak spot usually precedes extended slumps and should erode confidence in crypto’s restoration.

Mixed with world monetary volatility—together with tech inventory sell-offs and treasured metals swings—the atmosphere favors sideways buying and selling or additional declines till liquidity improves.

A base could kind for Bitcoin within the $54,000–$60,000 vary.

Nevertheless, stabilization will rely on technical help ranges and macroeconomic shifts.

The publish Brian Armstrong’s Newest $101M Coinbase Sale Comes as COIN Hits Multi-Month Lows— What Does It Sign for Crypto? appeared first on ccn.com.

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