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What's beautiful (and kind of scary) about DeFi is that we can see everything that happens on-chain and connect addresses to identities and firms.
Here's a breakdown of the known Ethereum addresses of Three Arrows Capital, Polychain Capital, and Jump Trading.
Here's a breakdown of the known Ethereum addresses of Three Arrows Capital, Polychain Capital, and Jump Trading.
Three Arrows Capital (1/2):
One of the biggest Compound suppliers, with $100m in WBTC, $50m in ETH, and $6m in DAI.
3AC is also supplying 275 YFI and $13m in LINK to Aave and is farming SUSHI with 1.5m *recently-acquired* SUSHI.
3AC acquired 351k LINK during recent dip.
One of the biggest Compound suppliers, with $100m in WBTC, $50m in ETH, and $6m in DAI.
3AC is also supplying 275 YFI and $13m in LINK to Aave and is farming SUSHI with 1.5m *recently-acquired* SUSHI.
3AC acquired 351k LINK during recent dip.
3AC (2/2):
With the collateral, 3AC is withdrawing stables and sending them to FTX. We've seen millions upon millions sent to an FTX address.
It is unclear what happens to the funds once they're there but 3AC is often on the profit + volume leaderboards on FTX.
With the collateral, 3AC is withdrawing stables and sending them to FTX. We've seen millions upon millions sent to an FTX address.
It is unclear what happens to the funds once they're there but 3AC is often on the profit + volume leaderboards on FTX.
Polychain Capital (1/2):
Polychain Capital has been the biggest YFI buyer over the past few weeks.
They've acquired 570 YFI (~2% total supply) over the past five weeks at an estimated cost basis of $12~14k.
They also own 48,000 ETH and 1,315 MKR on this address.
Polychain Capital has been the biggest YFI buyer over the past few weeks.
They've acquired 570 YFI (~2% total supply) over the past five weeks at an estimated cost basis of $12~14k.
They also own 48,000 ETH and 1,315 MKR on this address.
Polychain Capital (2/2):
This is one of Polychain's many addresses.
One of their addresses that received all of the early-stage investments of the previous cycle that held millions in GNT, MKR, ZRX, REP, and other tokens made a bunch of txes in 2018 and it's really convoluted.
This is one of Polychain's many addresses.
One of their addresses that received all of the early-stage investments of the previous cycle that held millions in GNT, MKR, ZRX, REP, and other tokens made a bunch of txes in 2018 and it's really convoluted.
Jump Trading (1/3):
Bit of context first since some in the space may not recog the name. Jump Trading is a massive prop trading firm based in Chicago. They're big on crypto, even though they don't advertise that per se.
They're big investors in Ethereum tokens as well.
Bit of context first since some in the space may not recog the name. Jump Trading is a massive prop trading firm based in Chicago. They're big on crypto, even though they don't advertise that per se.
They're big investors in Ethereum tokens as well.
Jump Trading (2/3):
They hold 39,000 ETH - $18.5m. Much of this was accumulated over the past days with incoming txes from Gemini and Huobi. And they hold a ton of alts.
Biggest positions in Serum, Compound, Keep Network, and HXRO.
None of these postions were acquired in bulk.
They hold 39,000 ETH - $18.5m. Much of this was accumulated over the past days with incoming txes from Gemini and Huobi. And they hold a ton of alts.
Biggest positions in Serum, Compound, Keep Network, and HXRO.
None of these postions were acquired in bulk.
Jump Trading (3/3):
Smaller positions in Numeraire, Orchid, Maker, and Huobi Token.
The ~$5m in stables in the address are being regularly sent to exchanges and seemingly swapped for altcoins.
Jump is an accumulation machine.
$100k+ incoming txes every few hrs.
Smaller positions in Numeraire, Orchid, Maker, and Huobi Token.
The ~$5m in stables in the address are being regularly sent to exchanges and seemingly swapped for altcoins.
Jump is an accumulation machine.
$100k+ incoming txes every few hrs.
There are a bunch of other funds in the space with publicly-known Ethereum addresses.
Will have to cover those at a later date.
While I say I would say it's unwise to copy trade these addresses, take stock of where the smart money is going every once in a while.
Will have to cover those at a later date.
While I say I would say it's unwise to copy trade these addresses, take stock of where the smart money is going every once in a while.
And thanks for 2k followers btw - the support has been insane. I'm up like 700 followers in the past two days.
Will continue posting high-signal content when I have the time.
Will continue posting high-signal content when I have the time.
Y'all are nuts. Thanks again for the support.
