Harvard's crypto holdings lost over $150 million in a year, selling off ETH after chasing BTC at its peak

By: rootdata|2026/05/21 04:45:03

According to on-chain analyst Ai Yi's monitoring, Harvard Management Company first established a position in cryptocurrency during the market rise in the second quarter of 2025; in the third quarter, when the BTC price approached historical highs, it significantly increased its holdings, with the number of shares increasing by 257%. IBIT once accounted for 20% of its holdings, making it its largest public position; during the market pullback in the fourth quarter, it reduced its BTC holdings while establishing a position in ETH, clearing all ETH after holding it for only one quarter and exiting at a loss.

Its BTC acquisition cost ranged from $107,000 to $114,000, and the ETH acquisition cost was $4,000, resulting in a loss of over $150 million in the cryptocurrency sector within a year.

Solana did not fall behind during the bear market. Trading enthusiasm has waned, but the network is more stable, RWA and stablecoins are expanding, and the capital foundation is much thicker than in the previous cycle. The real question is: when the speculative tide recedes, can perpetuals, predicti...

Young people in South Korea make a "final effort" in the epic bull market

The South Koreans' average of two accounts for wildly gambling in the chip bull market reflects the survival anxiety and harsh reality of countless young people trying to break through class barriers behind the nationwide stock trading frenzy for wealth.

The pricing controversy of Trade.xyz exposes the fatal weakness of Pre-IPO perpetual contracts

SpaceX's equity update has sparked controversy over on-chain liquidations. Trade.xyz refuses to reset the SPCX pricing, and the lack of a Rebase mechanism in Perp DEX has led to a significant trust test for on-chain Pre-IPO assets.

How much longer can Ethereum's last big buyer hold on?

According to Bitmine's current buying pace, the 5% target is expected to be reached next month, and at that time, there may be no further increases in holdings. So, who will fill the buying gap for Ethereum?

The other side of Musk's trillion-dollar fortune: 85% cannot be sold

SpaceX's IPO is a math problem, and the answer is not on the pricing day, but in the first quarter after the lock-up period ends.

Citibank releases "2030 Asset Tokenization Market Outlook": 6 major trends may create a $8.2 trillion market

The tokenization of financial assets is moving from pilot projects to large-scale implementation, but this is a gradual evolution rather than a fierce revolution.

The trillion-dollar valuation test: Are the three major super IPOs a celebration for tech stocks or a nightmare for the crypto market?

Morning Report | Digital Asset completes $355 million financing led by a16z Crypto; Meta completes operational separation from Manus

Overview of Important Market Events on June 11

a16z Crypto Partner: Cash flow is the moat

Most companies spend years creating network effects on traditional infrastructure. Crypto founders inherit them as starting conditions.

Cryptocurrency market makers collectively seek change as it becomes increasingly difficult to make money

There is more and more to do.