Three Arrows Capital Liquidated by FTX, Deribit and BitMEX

Jun 17,2022
KingData News: Crypto exchanges FTX, Deribit and BitMEX have liquidated Three Arrows Capital's positions over the past week after the crypto hedge fund known as 3AC failed to meet margin calls. A BitMEX spokesperson confirmed that the exchange has liquidated 3AC's positions. They declined to comment on the owed amount but said BitMEX's legal department is in touch with 3AC on the next steps.
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.
25,696Follow
51,805

Recommend

More