3AC
Nexo is dispelling any fears that its business will likely suffer contagion arising from the potential collapse of crypto venture platform Three Arrows Capital 3AC. Tracy WangCoinDesk Dubai-based crypto fund Three Arrows Capital is facing possible insolvency after incurring at.
3AC wallet dumped 30000 stETH 337m to ETH a few hours ago unwound positions on Aave subsequently.
. 1 day agoShortly after 3AC traded 38900 stETH for 36718 ETH then worth 439 million via decentralized exchange 0x representing a 6 haircut on what shouldve been close to a one-to-one trade. 9 hours agoThree Arrows Capital 3AC is a crypto-focused hedge fund company based in Singapore. Get up to 150 in BTC when you sign up and top up at least 1500 in your account.
1 day agoAt the time of this writing ETH is trading at its lowest point since January 2021 charting a 17-month low at slightly above 1100. 1 day agoAt its peak 3AC was estimated by blockchain analytics firm Nansen to have owned about US10 billion in assets controlling more than 5 per cent of the Grayscale Bitcoin Trust. Text is available under the Creative Commons Attribution-ShareAlike License 30.
Dont have an account. 1 day agoA lot of details with regards to 3AC have been emerging on Twitter. Merely a year old 3AC saw a massive uptick during the golden years of the crypto market last year.
Rumors Swirl About Financial Stress at Three Arrows. Three Arrows Capital cryptocurrency hedge fund This page was last edited on 15 June 2022 at 0954 UTC. 1 day agoAccording to blockchain data in the past hours 3AC wallets sold over 56000 stETH worth around 64 million.
1 day agoAt the time stETH briefly fell to 95 cents on the dollar relative to Ether and 3AC pulled 127k stETH in liquidity from Curve 246m at the time they wrote. 1 day ago3AC co-founder Su Zhu speaks at Crypto Bahamas. On-chain data has prompted speculation that Three Arrows Capital a crypto-focused Singapore-based hedge fund is insolvent and may become the latest high-flying company to crash in the bear market.
This means that the above position is some 7 away from being liquidated if no collateral is added or if the loan is not repaid. Overshadowed by the Celsius platforms own dramas Twitter chatter has been swirling this week regarding 3ACs asset movements to various DeFi platforms such as. Bitcoin Ethereum Solana Axie Infinity and BlockFi.
The dominoes are starting to fall as some companies and investors who made risky bets on unregulated crypto markets are having their bills come due. They have been in and out. 3AC sold 40 million of Lidos staked Ether stETH early Tuesday according to a report from cryptocurrency publication The Defiant which cited blockchain data.
3AC then returned the ETH to Aave as it was on loan. 3ACs wallet still has over 19600 stETH worth over 218 million. This news was brought to you by Nexo.
3AC may refer to. 1 day agoThree Arrows Capital co-founder Su Zhu has posted a vague note to say that the firm is committed to working this out as rumors of a possible wipeout event have circulated across the crypto community. Consider this- an analyst with the Twitter name Crypto Maxi tweeted Three Arrows Capital bought 109M locked LUNA for 5596m its now worth 67045 Crypto reporter Wu Blockchain also reported that 3AC lost 313 million in Bitfinex trading during May.
In addition the crypto community on Twitter is. Brent is a professional engineer with 23 years of experience in the electric power industry. During his 8 years at Washington States largest utility and 11 years at engineering firms RW.
On Wednesday afternoon it looked like Three Arrows Capital which also goes by 3AC had been selling off assets including 40 million worth. Is a hedge fund established in 2012 and focused on providing superior risk-adjusted returns founded by Su Zhu and Kyle Davies. 15 hours agoThe hedge fund which was founded last year and manages an estimated 10 billion has positions in many of cryptos largest projects and companies.
3AC Faces Insolvency After Liquidation Of Milions Of USD Latest News 16 June 2022 Crypto NewsThis Cryptocurrency News video will update the latest brea. Zhu Su co-founder at 3AC took it to Twitter a few hours ago to share some light. Three Arrows Capital sold at least 40M worth of Lidos staked Ether early Tuesday making.
1 day agoWhy It Matters. Any transaction that you may enter into is in reliance solely on your own judgment and Three Arrows Capital make no. Beck RAI and 3AC Engineering Brent has engineered a wide variety of protection and control projects at substations switchyards and power plants.
3AC Co-Founder Su Zhu Is Committed To Working This Out Amid Insolvency Rumors A hedge fund manager that provides risk-adjusted returns 3AC was established in 2012. In May crypto bull Zhu said on Twitter that his supercycle price thesis was regrettably wrong That thesis was laid out in an. Three Arrows 3AC previously backed projects like Ethereum -45 Avalanche -51 and Polkadot -35 all of which are plunging MM as the crypto market comes close to its worst drawdown since the.
Several top-tier lending firms have. Three Arrows Capital Ltd. Crypto hedge fund Three Arrows Capital 3AC is liquidating assets and in the process of figuring out how to repay lenders according to reports.
With Celsius Networks future still uncertain and just weeks after Terras collapse the crypto sector is seeing another firms business. 3AC is reportedly facing liquidity issues Liquidation totaled 400 million as per a report from TheBlock Co-founder Zhu posted a vague Twitter post suggesting something is wrong Amid rumors that. Those considering an investment in a Three Arrows Capital fund or any other investment described on the Site must request and must rely exclusively on the offering memorandum and related documents of the fund in question.
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