Coinbase (COIN) stock showed resilience, rising 1.3% in pre-market trading, despite Ark Invest's sale of over $6.5 million in shares on July 10, 2025. The sale comes amid a broader crypto market rally, with Bitcoin reaching a new all-time high of $118,856. Ark Invest also divested shares in Robinhood and Block Inc., totaling over $19 million. Despite the sell-off, Coinbase's stock has surged 55% over the past month, buoyed by the crypto market's strength and recent strategic moves by the company. The sales have raised questions about Ark Invest's strategy, though Coinbase remains in focus with upcoming earnings reports and strategic announcements.