Market Analysis
Citadel Withdraws from Melvin Capital after Fund Lost ~40% in 2021
Citadel is pulling back another $500 million from its $2 billion investment in Melvin Capital after redeeming $1 billion in 2021.
BTC$63,351.00+0.71%
ETH$1,669.93+0.57%
USDT$0.9987-0.01%
USDC$0.9996-0.02%
XRP$1.14+1.76%
SOL$66.76+2.31%
TRX$0.3132-2.74%
FIGR_HELOC$1.03+0.58%
DOGE$0.0864+1.40%
HYPE$58.13+3.80%
USDS$0.9997+0.00%
LEO$9.52+0.74%
RAIN$0.0132-1.15%
ZEC$431.98+0.22%
XMR$357.90+3.32%
BTC$63,351.00+0.71%
ETH$1,669.93+0.57%
USDT$0.9987-0.01%
USDC$0.9996-0.02%
XRP$1.14+1.76%
SOL$66.76+2.31%
TRX$0.3132-2.74%
FIGR_HELOC$1.03+0.58%
DOGE$0.0864+1.40%
HYPE$58.13+3.80%
USDS$0.9997+0.00%
LEO$9.52+0.74%
RAIN$0.0132-1.15%
ZEC$431.98+0.22%
XMR$357.90+3.32%
Melvin Capital plans to make a seamless recovery with a smaller capital at disposal for future short-selling.
Citadel is pulling back another $500 million from its $2 billion investment in Melvin Capital after redeeming $1 billion in 2021.