Placeholder Partner: The "bloodbath" may not be over yet; currently taking a wait-and-see approach.

PANews reported on February 6 that Chris Burniske, former head of crypto at Ark Invest and now a partner at Placeholder VC, said, "I'm watching closely, but I won't be buying for now. I expect a rebound, but I'm afraid this 'bloodbath' isn't over yet."

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