Multicoin Capital’s Hedge Fund Misplaced 91.4% Final Yr, Investor Letter Finds


In spite of the large drawdown, Multicoin’s hedge fund stays up 1,376% web of charges from its inception thru 2022. As the wider crypto marketplace rebounded from final yr’s lows, Multicoin reported that the fund received 100.9% in January 2023, bringing the fund’s inception-to-January go back to two,866%.


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Key Buying and selling Ranges – EURGBP, NZDJPY, NZDUSD, USDCAD, USDCHF, and USDJPY

Bitcoin lengthy liquidations hit easiest stage since August