A $20 billion AI hedge fund gained 439% through June, lost roughly two-thirds of its value in July, and sold most of a $16 billion public-stock portfolio as leverage turned against it. The collapse offers a warning for Bitcoin: when Wall Street needs cash quickly, the first asset sold may not be...
Source: [CryptoSlate](https://cryptoslate.com/wall-streets-ai-margin-calls-are-here-is-bitcoin-the-next-source-of-cash/)