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  4. Crypto Hedge Fund Bought ETH Dip Worth Over $456 Million
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Crypto Hedge Fund Bought ETH Dip Worth Over $456 Million

As the price of top cryptocurrencies remains relatively low, investors are quick to buy the dip. Ethereum dropped to $3,675 on the 13th of December; taking advantage of...
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Crypto Hedge Fund Bought ETH Dip Worth Over $456 Million Crypto Hedge Fund Bought ETH Dip Worth Over $456 Million

As the price of top cryptocurrencies remains relatively low, investors are quick to buy the dip.

Ethereum dropped to $3,675 on the 13th of December; taking advantage of the price dip, a Singaporian cryptocurrency hedge fund Three Arrows Capital purchased over $56 million worth of Ethereum.

A week before the aforementioned purchase, Three Arrows Capital invested more than $400 million or 91,477 ETH, while Ethereum’s price was still below $4,000. The amount was seen transferred from Binance, Coinbase (NASDAQ:COIN), and FTX to the hedge fund’s wallet.

“I'll still bid it hard on any panic dump like this weekend,” Zhu Su, the CEO of Three Arrows capital commented about the investment under a Twitter (NYSE:TWTR) post by Wu Blockchain. This was followed by another statement that 100,000 ETH is “dust.”

On The Flipside

  • Less than a month ago Zhu Su ditched Ethereum because of its high gas fees.

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net_home_top Ai VIF
01-05-2024 10:45:17 (UTC+7)

EUR/USD

1.0658

-0.0008 (-0.07%)

Summary

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EUR/USD

1.0658

-0.0008 (-0.07%)

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GBP/USD

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157.91

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AUD/USD

0.6469

-0.0003 (-0.05%)

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USD/CAD

1.3780

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Gold Futures

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Crude Oil WTI Futures

81.14

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Natural Gas Futures

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4,920.55

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S&P 500

5,035.69

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
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 FTSE 1008,144.13Sell
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 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
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 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
(8,300/ 8,500) # 1,298
SJC 1L, 10L, 1KG8,300/ 8,520
(0/ 0) # 1,510
SJC 1c, 2c, 5c7,380/ 7,550
(0/ 0) # 540
SJC 0,5c7,380/ 7,560
(0/ 0) # 550
SJC 99,99%7,370/ 7,470
(0/ 0) # 460
SJC 99%7,196/ 7,396
(0/ 0) # 386
Cập nhật 01-05-2024 10:45:19
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$2,285.72-47.5-2.04%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V25.44025.940
RON 95-III24.91025.400
E5 RON 92-II23.91024.380
DO 0.05S20.71021.120
DO 0,001S-V21.32021.740
Dầu hỏa 2-K20.68021.090
ↂ Giá dầu thô thế giới
WTI$80.83+3.390.04%
Brent$85.50+3.860.05%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD25.088,0025.458,00
EUR26.475,3627.949,19
GBP30.873,5232.211,36
JPY156,74166,02
KRW15,9219,31
Cập nhật lúc 10:45:15 01/05/2024
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