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Market Cap:
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Bitcoin Bitcoin Share: 58.61%
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Cryptopolitan
2022-06-17 12:14:32

3AC’s wave of liquidations

3AC’s wave of liquidations

The collapse of the crypto market this week triggered unforeseen liquidations. Three Arrows Capital (3AC), a digital currency hedge fund, may be facing insolvency after losing a considerable amount of money in the aftermath of the Terra ecosystem crash. The value of the crypto fund holdings in Terra has dropped from $1 billion to less...

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