According to BlockBeats, on January 4th, according to official SEC documents cited by Blockworks, executives from the top 60 companies in the S&P 500 sold a total of $36.9 billion worth of company stocks in 2024.
It is worth noting that four cryptocurrency executives made it into the top 25 of the list, with Coinbase CEO Brian Armstrong ranking 8th with a sell-off of $636 million and MicroStrategy founder Michael Saylor ranking 13th with a sell-off of $410.8 million.
Coinbase co-founder Fred Ehrsam ranked 22nd with a total of $203.8 million in assets sold, including COIN stocks sold by his trust and fund Paradigm. Coinbase Chief Operating Officer Emilie Choi's sell-off amounted to $186.4 million.