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3AC Withdraws 2,000 ETH from Binance, Now Holds 6,595 ETH

Published 2022-12-19, 08:05 a/m
© Reuters 3AC Withdraws 2,000 ETH from Binance, Now Holds 6,595 ETH

  • 3AC sent over $2 million in Ethereum tokens from the Binance exchange.

  • The recipient address now holds 6,595 ETH, worth over $7.85 million.

  • Three Arrows Capital owes $3.5 billion to 27 companies, per court documents.

The bankrupt crypto hedge fund broker Three Arrows Capital (3AC) has been actively transacting millions of dollars in the last few weeks.

Early today, the on-chain tracker, Lookonchain, reported that 3AC withdrew 2,000 Ethereum (ETH) tokens, equivalent to over $2.38 million, from the largest crypto exchange, Binance. The tracker added that the recipient address now holds 6,595 ETH, worth over $7.85 million.

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