Billionaire technology investor Peter Thiel, through his venture capital firm Founders Fund, has reportedly exited its entire position in ETHZilla, $ETH according to a recent filing with the U.S. Securities and Exchange Commission (SEC). The development was shared by Bloomberg on X, This full divestment signals a notable shift in the fundâs allocation strategy and may reflect changing risk appetite, liquidity preferences, or evolving market outlook within the tech and digital asset space. Such a move highlights how large institutional investors continuously reassess positions based on macro conditions, valuation cycles, and long-term strategic priorities. Overall, the exit illustrates the fluid nature of venture capital and how major players like Thiel adapt quickly to shifting market dynamics.$BTC
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