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Citadel Unwinds 80% of Situational Awareness Risk After Bitcoin Miner Selloff

TokenPost·August 21, 2026·1 min read
Citadel Unwinds 80% of Situational Awareness Risk After Bitcoin Miner Selloff

Citadel unwound over 80% of risk from Situational Awareness, easing selling pressure on Bitcoin miners. The AI fund, run by Leopold Aschenbrenner, surged 439% in H1 2026, then lost 67% in July with 4x leverage, transferring ~$10B in equities to Citadel on July 30. A June 30 filing showed $20.24B across 26 positions.

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