Coinbase director Marc L. Andreessen reduced his holdings of stocks worth 3.9 million USD

According to the information released by the SEC, Coinbase (COIN) director Marc Andreessen sold 20,514 shares of the company's stock on October 1 at an average price of $190.12 per share, for a total value of approximately $3.9 million. After the transaction, his direct holdings decreased to 1,111,540 shares.