$ 200 Million Hedge Fund Suspends Cryptocurrency Arbitrage Trading Amid Slowing Market By Cointelegraph

Crypto hedge fund Nickel Digital Asset Management turned into a cash position after the crypto market crash in May.

According to Bloomberg, the $ 200 million crypto hedge fund led by alumni of JPMorgan (NYSE 🙂 and Goldman Sachs (NYSE 🙂 redeployed its capital in anticipation of another explosive cryptocurrency price race.

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