Crypto Hedge Fund Three Arrows Capital Snaps Up $400M in ETH

Posted on by American Coins & Gold

Crypto Hedge Fund Three Arrows Capital Snaps Up 0M in ETH
Three Arrows Capital, a cryptocurrency hedge fund founded in 2012 by Su Zhu and Kyle Davies, reportedly received $400 million worth of ether over the weekend.Wu Blockchain, a Chinese crypto reporter, tweeted that 97,477 ETH was transferred from the cryptocurrency exchanges FTX, Binance and Coinbase to a wallet marked by Nansen as belonging to Three Arrows Capital. Nansen, a blockchain analysis firm, confirmed the data to CoinDesk. Zhu of Three Arrows responded to the tweet by saying that “100k eth is dust,” and that there’s “more coming.”Look I couldn't let you guys jerk off watching the burn without meEth L1…