Home Bitcoin NewsBitCoin Forex Speculation that a crypto-focused Singapore-based hedge fund is insolvent

Speculation that a crypto-focused Singapore-based hedge fund is insolvent

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Speculation that a crypto-focused Singapore-based hedge fund is insolvent


Markets are on edge following to smackdown at Celsius, this from a couple of days back

Reports now (link here for the info):

  • On-chain data has prompted speculation that Three Arrows Capital, a crypto-focused, Singapore-based hedge fund, is insolvent and may become the latest high-flying company to crash in the bear market.
  • Three Arrows Capital sold at least $40M worth of Lido’s staked Ether early Tuesday, making it the largest seller of the token in the past week. The company did not immediately respond to a request for comment.

Leading crypto Bitcoin is fairly stable after its huge drop. The rumours about 3AC are just that, rumours:

btcusd 3ac 15 June 2022

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