Crypto Billion Dollar Fund Records 22% Loss in August, State of Market


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According to a letter to its clients from Pantera Capital – the first billion-dollar crypto fund, the holdings of the fund have recorded a loss of 22 percent in August and a 72.7 percent loss year-to-date (YTD). The letter of Pantera Capital, publicly released by cryptocurrency researcher Collin Crypto, demonstrated that since December 2018, the inception of…