CRCL is trading at 12% down now at $132.94 after a sharp selloff that follows recent volatility and insider secondary sales post-IPO. The stock price 'plummeted in the past two months, erasing most of the gains made after its initial public offering (IPO).' Recent news highlights that CRCL 'slipped 8% on Friday, as investors digested the aftermath of its June IPO and a recent public offering that included secondary sales by insiders.' This insider selling and ongoing uncertainty about Circle's valuation and future growth prospects have triggered a significant negative reaction among investors, leading to today's steep decline. No major new company-specific news was reported today, but the move is amplified by lingering concerns from recent events and overall market volatility.