Popular crypto research firm 10X Research has liquidated all its crypto holdings, fearing a deep price correction amid ongoing market volatility.
This development was brought to light by the firm’s founder, Markus Thielen, in a Monday blog post raising concerns over fears of an imminent market downturn driven by inflationary pressures and rising Treasury yields.
“We sold everything last night,” Thielen wrote, adding, “Our growing concern is that ri...