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    Risk of ‘Significant Drawdowns’ Pushes Cypherpunk Holdings to Sell Entire Stash of Bitcoin and Ethereum

    • Post author:MiamiCrypto
    • Post published:June 30, 2022
    • Post category:205.8209 ETH/214.7203 BTC/Bitcoin/Bitcoin (BTC)/BTC and ETH/BTC balance sheet/BTC Treasury/Canada/Canada-based investment firm/Cash/cash and stables/crypto assets/Cypherpunk Holdings/Cypherpunk Holdings CEO/drawdowns/Jeff Gao/News/risk/risk reward

    On Tuesday, the Canada-based investment firm Cypherpunk Holdings Inc. announced that the company has sold all of its bitcoin and ethereum due to the “risk of further significant drawdowns.” The…

    Continue ReadingRisk of ‘Significant Drawdowns’ Pushes Cypherpunk Holdings to Sell Entire Stash of Bitcoin and Ethereum
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