Mark Yusko, Founder and Chief Investment Officer of Morgan Creek Capital Management, stated that he has reduced most of his Solana holdings, while the proportion of Bitcoin-related holdings has surged.
According to Zhitong Finance, amid the cryptocurrency market’s severe volatility in August and Bitcoin’s resurgence above the $80,000 mark, Mark Yusko, Founder and Chief Investment Officer of Morgan Creek Capital Management, made a significant portfolio adjustment that has drawn widespread market attention. The veteran institutional investor, who manages billions of dollars in assets, revealed in an interview on the Crypto Banter podcast last Saturday (September 6) that he had sold approximately 90% of his Solana (SOL) holdings, realizing…
