
$Circle(CRCL.US)Circle director Date Rajeev V sold a total of 291,000 ordinary shares at an average price of $84.23 per share from November 13 to 14, with a total value of approximately $24.5 million, sparking market concerns and leading to an 8% drop in the stock price on Wednesday. Although the company reported Q3 revenue of $740 million (a 66% year-over-year increase), net profit surged 202% to $214 million, and the circulating supply of its stablecoin USDC more than doubled, the insider selling has still made investors cautious about its short-term trajectory.
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