Two of the top VC funds in the crypto market, Alameda Research and Multicoin Capital, have deleted all tweets on twitter and unfollowed all the projects they are holding.
What is going on with cryptocurrencies?
Is this a sign that the sharks are getting out of the market?
In light of recent events, do we seem to be entering the longest crypto winter in the history industry crypto.?
This seems to be a clear indication they do in fact plan to change their investment strategy and cryptocurrencies are not included at the moment on that strategy, but I do not see a reason to worry about it.
During the 2018 and the years afterwards it is not as if we got a lot of institutional investors that were interested on buying bitcoin on the open, so it is natural that when we are facing a bear market there are many investors which want to get out of this market and this includes institutional investors, but do not worry as once the market goes up again they will come back.