June 17, 2022, 1:05PM EDT
• 5 min read

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

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