Read on Twitter
What& #39;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& #39;s a breakdown of the known Ethereum addresses of Three Arrows Capital, Polychain Capital, and Jump Trading.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">
Here& #39;s a breakdown of the known Ethereum addresses of Three Arrows Capital, Polychain Capital, and Jump Trading.
" title="What& #39;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& #39;s a breakdown of the known Ethereum addresses of Three Arrows Capital, Polychain Capital, and Jump Trading. https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">" class="img-responsive" style="max-width:100%;"/>
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& #39;ve seen millions upon millions sent to an FTX address.
It is unclear what happens to the funds once they& #39;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& #39;ve seen millions upon millions sent to an FTX address.
It is unclear what happens to the funds once they& #39;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& #39;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& #39;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& #39;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& #39;s really convoluted.
This is one of Polychain& #39;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& #39;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& #39;re big on crypto, even though they don& #39;t advertise that per se.
They& #39;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& #39;re big on crypto, even though they don& #39;t advertise that per se.
They& #39;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& #39;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& #39;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& #39;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& #39;all are nuts. Thanks again for the support.
