According to TechFlow, Blocworks reported that based on the latest compilation of internal stock sales of approximately 60 companies in the S&P 500 index in 2024, approximately 500 insiders, executives, investors and other major shareholders reported selling a total of US$36.9 billion in company stock.
Among them, four crypto executives made the top 25 in terms of sales.
Coinbase CEO Brian Armstrong ranked eighth with $636 million, and MicroStrategy CEO Michael Saylor ranked 13th with $410.8 million.
Coinbase co-founder Fred Ehrsam ranked 22nd with $203.8 million, a figure that includes COIN shares sold by his trust as well as sales by fund Paradigm, followed by Coinbase COO Emilie Choi with $186.4 million. These amounts put Coinbase seventh on the list of internal sales last year (at least among the companies analyzed).