⚡️ One of the hottest AI hedge funds just lost 35% in a month. Leopold Aschenbrenner’s Situational Awareness fund was reportedly hit hard by the recent selloff in AI stocks. > Down 35% in one month > Goldman Sachs reportedly liquidated part of the fund’s positions last week > The fund allegedly used 4x leverage > Nearly 50% of AUM is now tied up in its illiquid Anthropic stake The fund reportedly grew from $400M to over $20B in just two years through concentrated bets on AI-related stocks like $SNDK, $INTC, $MU
HodlFMShare

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.