Coinbase Co-Founder Fred Ehrsam Buys the Dip, Purchases $75M of Company Stock

Last week’s purchases came with Coinbase shares tumbling more than 70% in 2022, and off more than 80% from the all-time high hit shortly after the company’s IPO 13 months ago. Ehrsam and related entities previously had been consistent sellers of Coinbase stock since that April 2021 IPO, unloading several hundred million dollars worth.