Three Arrows Capital’s On-Chain Activity and What It Reveals

Three Arrows Capital’s On-Chain Activity and What It Reveals


TheBlock
2022-06-17 17:05:39

Quick TakeRumors about 3AC’s insolvency started circulating on Monday, June 13thAs of this writing, 3AC has already liquidated or moved $158.3mm since the speculations aboundedDeFiance Capital, which has close ties with 3AC, has already cashed out its entire $746.8K LOOKS position in the wake of the turmoilAt the same time, 3AC’s NFT arm, Starry Night Capital, has consolidated the vast majority of its art NFTs in a single wallet