Nansen: Multicoin and Version One Each Profited Over $17 Million in Second Half of 2025

Odaily News According to Nansen monitoring, on the total profit and loss (PnL) leaderboard for the second half of 2025, two funds, Multicoin and Version One, led with profits exceeding $17 million each, followed by DeFiance Capital. Furthermore, the repeated appearances of a16z, Pantera Capital, and Coinbase Ventures highlight the sustained activity of institutional investors over the past six months.