Institutional investors are making a lot of $$$ of these crypto folks ! Arbitrag... | Hacker News

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		TheAlchemist on March 14, 2023 \| parent \| context \| favorite \| on: Instagram Is Disabling Its NFT Features Institutional investors are making a lot of $$$ of these crypto folks ! Arbitragists, Hedge Funds etc.

0xB31B1B on March 19, 2023 [–]

Dollar for dollar, institutional LPs have lost way more on crypto than they have made. Multicoin is down 90%, rumor is the 2nd A16Z crypto fund (the 6b one) is deep in the red and a full write off

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