CandleFocus Fenbushi Capital sells $5.14m in crypto assets at a loss
2024-10-01
Author: Content Editor
Asian blockchain-focused venture capital firm, Fenbushi Capital, has experienced losses after selling several cryptocurrencies. The firm sold $5.14 million worth of digital assets at a loss, including Ethereum, EigenLayer, Uniswap, SNT, COMP, Aave, and SUSHI. Most of these tokens have declined from their all-time highs during the 2021 bull cycle and have struggled to regain their gains. Fenbushi's selling activity comes as these cryptocurrencies have faced significant declines in value.
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