Who is Three Arrows Capital?
Three Arrows Capital Ltd. is a hedge fund established in 2012 and founded by Su Zhu and Kyle Davies. It performs research in the field of cryptocurrencies and makes investments in cryptocurrency mining and public securities with exposure to crypto and blockchain. They are considered a massive investment fund that dictates movements of the markets. Visit one of their adresses ($159million) on Debank.
Could this be smart money entering back into the markets, expecting a rise in prices? Or do they just want you to think they’re entering and unload their bags on other undisclosed adresses?