Multicoin Capital’s hedge fund lost 91.4% last year.

Before you go shedding any tears: “Despite the massive drawdown, Multicoin’s hedge fund remains up 1,376% net of fees from its inception through 2022. As the broader crypto market rebounded from last year’s lows, Multicoin reported the fund gained 100.9% in January 2023, bringing the fund’s inception-to-January return to 2,866%.” ~ learn more