Three Arrows Capital’s On-Chain Activity and What It Reveals
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
This research piece is available exclusively to
members of The Block Research.
You can continue reading
this Research content on The Block Research.
Go to Source
Author: Thomas Bialek
