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Murad’s Portfolio Value Drops Over 80% as SPX Hits a New Low
['Nhat Hoang', 'Oihyun Kim']
BeInCrypto
Murad Mahmudov, a well-known investor and supporter of meme coins, is facing a massive decline in his portfolio value in January.
SponsoredSponsoredMost Meme Coins in Murad’s Portfolio Have Dropped Between 75% and over 90%Data from Arkham, an on-chain analytics and tracking platform, shows that Murad’s total portfolio value has fallen by more than 80% from last year’s peak of $67 million.
Murad’s Total Portfolio Value.
According to CoinGecko, nearly all the meme coins in Murad’s portfolio have recorded sharp losses of 75% to 90% or more.
If SPX continues to fall further, Murad’s portfolio could experience even deeper losses.