Grayscale Investments CEO Peter Mintzberg has filed notice to sell 2,611 shares of the Grayscale XRP Trust ETF (NYSE:GXRP) for $53,394 as XRP (CRYPTO: XRP) trades 70% below its all-time high.
What The Filing Actually Shows
Mintzberg filed the Form 144 on July 28, listing the sale through broker Cantor Fitzgerald at $20.45 per share, according to the filing.
He still holds 2.84 million shares after the sale. A Form 144 states an intention to sell and is not confirmation that the trade has cleared.
He is the third Grayscale insider to file notice on GXRP.
