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

June 17, 2022, 1:05PM EDT

• 5 min read

Quick Take

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

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Source: https://www.theblockresearch.com/three-arrows-capitals-on-chain-activity-and-what-it-reveals-152738?utm_source=rss&utm_medium=rss