Circle president, who has emphasized the "long-term stock price," has cashed out over $30 million and has never increased his holdings.

According to Odaily, last week, Circle President Heath Tarbert responded in an interview to doubts regarding a certain exchange's share price dropping from $260 to $62. Heath Tarbert stated at the time that the company is focused on long-term development, and if it can achieve the mission of building a full-stack internet platform infrastructure, the share price will provide the answer in the long run.

However, the Circle Form 4 filing shows that since Heath Tarbert's first sale of the exchange in June 2025, he has sold shares of the exchange 10 times in total, cashing out approximately $30.77 million, without ever increasing his holdings.