Silicon Valley Bank Crash, $3.57 Million Of Stock Sold Within Last Two Week
Prior to the collapse of Silicon Valley bank, $SIVB, the CEO sold $3.57 million worth of stock within the past two weeks.
This trader made almost 2000% in three days after pushing SIVB down with a 100% bearish alert and exiting his position today
About 95% of Silicon Valley Bank deposits are uninsured FIDCs.
Nearly half of all US venture capital-backed startups belong to Silicon Valley banks
Circle's USDC fell to a low of $0.9364 after announcing a $3.3 billion investment in Silicon Valley Bank.