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Harvard University just took a massive L in crypto, and it's not fake news this time. 😬
They bought the top hard. We're talking $BTC at $107K-$114K and $ETH around $4,000. Now, with Bitcoin currently trading near $96K and Ethereum struggling below $3,300, their portfolio is sitting on a realized loss of over $150 million.
But it gets worse. They didn't just buy high and hold. They got hit twice more on the way down, doubling down into a falling knife. Classic "buy high, sell low" behavior, even from one of the world's most prestigious institutions.
This is a brutal reminder that even the smartest money can get crushed in crypto when timing is off. No one is immune to market cycles.
The lesson? FOMO at the top and panic at the bottom is a tale as old as crypto. Stay sharp, manage your risk, and never chase green candles blindly. 🧠
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