Cathie’s ARK Sells CRCL At Highs, Still Holds $625M in Shares

According to the data from Google Finance, NYSE: CRCL opened at $147.54 on June 16, 2025, trading session and tested a high of $165.60; available information notes that ARK Invest by Cathie Wood offloaded its positions in Circle shares

Source: Google Finance

Across three of its funds, including ARKK ETF, ARKW ETF, and ARKF ETF, it sold 342.658 shares; yet Cathie Wood Ark Invest has bought 4,486,560 shares of Circle Internet Group on its IPO debut on June 05, 2025, valued at $373.4 million.

The recent offloading of CRCL shares brought $51.7 million; a X post Wu Blockchain notes that, “ The sale took place when Circle stock hit a new high, closing at $151.05, nearly five times the IPO price of $31.

After these sales, Ark Invest of Cathie Wood still holds 4,143,902 shares of Circle Internet Group Inc., which are now valued at $625 million

CRCL stock might soon test a high of $200

By growing 13.10% on June 16, 2025, the stock of Circle Internet Group Inc. has reached $151.06, and on June 17 pre-market, a surge of 3.41% and the stock is expected to open at $156.20.

As per data from TradingView, CRCL stock is up by 13.82% in a week and has grown roughly 119% since it began trading; at press time market capitalization of the company is $29.38 billion.

The recent volume stands at $43.78 million, suggesting heightened interest in CRCL stock and buying pressure. If the momentum continues, the stock may soon test the psychological resistance at $200

Technical indicators show an expanding bullish structure with higher highs and higher lows forming. CRCL has broken the short-term resistance level, making the $200 target a realistic short-term milestone as market sentiment remains positive.

Per available data, the revenue of Circle Internet Group Inc., in Q1, 2025, was $578.57 million and net income was $64.79 million; in the same frame in 2024, the revenue of the company was $365.09 million and net income was. $48.74 million.

A quick snapshot of the crypto market

When writing, the crypto market capitalization was $3.32 trillion with a slight decline of 0.52%, and at the same time, trading volume was $131.72 billion with an increase of 35.99%.

The crypto fear and greed index was at 53, indicating neutrality. Similarly, Bitcoin is at $106,614 with an increase of 2.40%. In the past 24 hours, the volume has reached $51.9 billion with a surge of 26.64%.

Over the past few days, Ethereum has been tumbling in the range between $2,344 to $2,877; however, it is struggling to surpass $3k. The growth of Ether has slowed with time, but market watchers argue that it will definitely cross $3k in the coming sessions.

The intraday losers list has been ruled by SPX6900, followed by Immutable, Fartcoin, Dogwifhat, Pepe, and Worldcoin.