Terra Research Forum Member: 3AC Bought 10.9M Locked LUNA for $560M

Jun 15,2022
Terra Research Forum member FatMan tweeted, "If you're ever feeling down or angry at yourself about UST/LUNA, don't beat yourself up too much over it. It was highly sophisticated deception. A lot of brilliant minds fell for it. For example, Three Arrows Capital bought 10.9M locked LUNA for $559.6m - it's now worth $670.45."
On June 13, Zhu Su, co-founder of Three Arrows Capital, has removed ETH, AVAX, LUNA, SOL, NEAR, MINA and other Tokens from his Twitter profile. On June 15, sources revealed that the total liquidation amount of Three Arrows Capital on Deribit, BlockFi and other lending platforms was up to $400 million. This indicator provides a real-time tracking of news reports on Three Arrows Capital's liquidity crisis.
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