Cryptocurrencies
$2.6 Billion Quant Hedge Fund Joins the Rush to Crypto
- Systematic trades reaping big profits again in bullish revival
- Abrupt liquidations and token custody are among challenges
Photographer: Angel Garcia/Bloomberg
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When Chris Taylor’s money-printing Dogecoin trade was wiped out in the $650 billion crypto crash back in May, the stakes were low. The 37-year-old was simply having fun YOLO trading from his personal account.