An investment firm disposed of 12,077 shares of its cryptocurrency exchange holdings worth $2.7 million on July 31. The company made the sale because its investment policy does not allow a single asset to exceed 10% of the total portfolio. Since the beginning of the year, the shares have increased by 30%.
The company, which had previously made similar sales in March and April, this time sold the shares through different investment funds. These shares, which have recently faced selling pressure, lost 0.19% last week. At the time of writing, the shares are trading at a price close to their all-time high.