FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund’s collapse

Newly revealed court documents show that FTX secretly liquidated $1.53 billion in Three Arrows Capital (3AC) assets just two weeks before the hedge fund collapsed in 2022. The disclosure challenged previous narratives that 3AC’s downfall was solely market-driven. Once valued at over $10 billion, 3AC collapsed in mid-2022 after a series of leveraged directional trades …

FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund’s collapse

Newly revealed court documents show that FTX secretly liquidated $1.53 billion in Three Arrows Capital (3AC) assets just two weeks before the hedge fund collapsed in 2022. The disclosure challenged previous narratives that 3AC’s downfall was solely market-driven. Once valued at over $10 billion, 3AC collapsed in mid-2022 after a series of leveraged directional trades …

FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund’s collapse

Newly revealed court documents show that FTX secretly liquidated $1.53 billion in Three Arrows Capital (3AC) assets just two weeks before the hedge fund collapsed in 2022. The disclosure challenged previous narratives that 3AC’s downfall was solely market-driven. Once valued at over $10 billion, 3AC collapsed in mid-2022 after a series of leveraged directional trades …

Why is Bitcoin price stuck?

Bitcoin (BTC) price has been consolidating within a roughly $5,500 range since March 9 as the $84,000 level represents stiff overhead resistance. Data from Cointelegraph Markets Pro and Bitstamp shows BTC price oscillating between $78,599 and $84,000, as shown in the chart below. BTC/USD daily chart. Source: Cointelegraph/TradingView Key reasons why Bitcoin price remains flat …

Why is Bitcoin price stuck?

Bitcoin (BTC) price has been consolidating within a roughly $5,500 range since March 9 as the $84,000 level represents stiff overhead resistance. Data from Cointelegraph Markets Pro and Bitstamp shows BTC price oscillating between $78,599 and $84,000, as shown in the chart below. BTC/USD daily chart. Source: Cointelegraph/TradingView Key reasons why Bitcoin price remains flat …

Why is Bitcoin price stuck?

Bitcoin (BTC) price has been consolidating within a roughly $5,500 range since March 9 as the $84,000 level represents stiff overhead resistance. Data from Cointelegraph Markets Pro and Bitstamp shows BTC price oscillating between $78,599 and $84,000, as shown in the chart below. BTC/USD daily chart. Source: Cointelegraph/TradingView Key reasons why Bitcoin price remains flat …

Why is Bitcoin price stuck?

Bitcoin (BTC) price has been consolidating within a roughly $5,500 range since March 9 as the $84,000 level represents stiff overhead resistance. Data from Cointelegraph Markets Pro and Bitstamp shows BTC price oscillating between $78,599 and $84,000, as shown in the chart below. BTC/USD daily chart. Source: Cointelegraph/TradingView Key reasons why Bitcoin price remains flat …

Why is Bitcoin price stuck?

Bitcoin (BTC) price has been consolidating within a roughly $5,500 range since March 9 as the $84,000 level represents stiff overhead resistance. Data from Cointelegraph Markets Pro and Bitstamp shows BTC price oscillating between $78,599 and $84,000, as shown in the chart below. BTC/USD daily chart. Source: Cointelegraph/TradingView Key reasons why Bitcoin price remains flat …

Why is Bitcoin price stuck?

Bitcoin (BTC) price has been consolidating within a roughly $5,500 range since March 9 as the $84,000 level represents stiff overhead resistance. Data from Cointelegraph Markets Pro and Bitstamp shows BTC price oscillating between $78,599 and $84,000, as shown in the chart below. BTC/USD daily chart. Source: Cointelegraph/TradingView Key reasons why Bitcoin price remains flat …

Why is Bitcoin price stuck?

Bitcoin (BTC) price has been consolidating within a roughly $5,500 range since March 9 as the $84,000 level represents stiff overhead resistance. Data from Cointelegraph Markets Pro and Bitstamp shows BTC price oscillating between $78,599 and $84,000, as shown in the chart below. BTC/USD daily chart. Source: Cointelegraph/TradingView Key reasons why Bitcoin price remains flat …