On December 13th, Insider Tracker data showed that Coinbase co-founder Fred Ehrsam sold 97,836 shares of COIN stock on December 11th, worth more than $13 million. In addition, other insiders at Coinbase have sold a large amount of COIN stock in the past three weeks.<br>

According to The Information, Paradigm co-founder Fred Ehrsam resigned from his position and will stay with the company as a general partner, but will reduce his involvement in daily operations. Before founding this venture capital firm, Ehrsam was a co-founder of Coinbase. He told employees that he plans to spend more time researching and investing in future health technologies, citing the interest of other cryptocurrency leaders in anti-aging treatments and cryogenic technology.