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    Home»Ethereum»$ 56M in ETH Transferred from Binance and Coinbase to Three Arrows Capital Wallet
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    Ethereum

    $ 56M in ETH Transferred from Binance and Coinbase to Three Arrows Capital Wallet

    AdministratorBy Administrator14.12.2021No Comments1 Min Read
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    Three Arrows Capital continues to accumulate ETH, the company has purchased Ethereum for over $ 50 million.

    The hedge fund manager transferred 14,833 coins from Binance and Coinbase to the company’s wallet, which is worth roughly $ 56 million at today’s prices.

    As CryptoPotato reported last week, 3AC transferred over 90,000 ETH to their wallets in two days, worth about $ 400 million at the time.

    Interestingly, shortly before this, the CEO of the company announced a change in his attitude towards Ethereum and its native cryptocurrency.

    In November, Su Zhu stated that the company “ditched Ethereum despite its support in the past.”

    His comments drew a lot of criticism from the crypto community, and he later explained that the word “refuse” was not the most appropriate word and apologized for using it.




    #56M #ETH #Transferred #Binance #Coinbase #Arrows #Capital #Wallet

    56M Arrows Binance Capital Coinbase ETH transferred Wallet
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