According to Bloomberg on April 20, before Trump's tariff remarks triggered a huge market shock, many executives of large American companies such as Meta, Oracle, and JPMorgan Chase had already reduced their holdings in advance, with cashing out of billions of dollars.

Data shows that Meta CEO Mark Zuckerberg sold a total of 1.1 million shares and cashed out $733 million through his Chan Zuckerberg Initiative and related foundations in the first quarter. Trading concentrated occurred in January and February, when Meta's stock price was still above $600, and it once rose to a high of $736 on February 14. The stock price then took a sharp turn for the worse, and Meta fell by 32%.

Oracle CEO Safra Catz also took action before the plunge, selling 3.8 million shares and cashing out $705 million. Her assets are currently at $2.4 billion, according to the Bloomberg Billionaire Index.

JPMorgan CEO Jamie Dimon also reduced his holdings of about $234 million in the first quarter, with personal net worth reaching $3 billion.

Overall, U.S. stocks fluctuated sharply in the first quarter of this year. Although technology stocks once rose due to Trump's election, as the "Liberation Day" approached on April 2, the uncertainty of tariff policies triggered violent market fluctuations, causing global stock markets to evaporate trillions of dollars in market value. Technology stocks are the first to be hit, and Musk's personal wealth has shrunk by $129 billion this year. At the same time, some wealthy people choose to increase their positions at the low level.

Washington Service data shows that in the first quarter of this year, a total of 3,867 company insiders reduced their holdings, cashing out a total of US$15.5 billion. In comparison, 4,702 insiders reduced their holdings in the same period last year, with a total amount of up to US$28.1 billion. The largest seller is Amazon founder Bezos, who cashed out more than $8.5 billion in February last year. The distribution of selling this year is more average, with the top ten sellers reducing their holdings by more than US$3.8 billion in total. (International Financial News)