Whereas Three Arrows Capital used its tens of billions of {dollars} of property underneath administration to put money into new tasks and take giant market positions, it additionally operated an over-the-counter buying and selling desk known as Tai Ping Shan (TPS) Capital. The entity was as soon as described on LinkedIn as “the official OTC desk of Three Arrows Capital,” in accordance with a scraped model of the positioning by Google, however the language has since been modified, distancing the 2 corporations.
$80M crypto shorts liquidated in the past hour
Key Takeaways Roughly $80 million in crypto quick positions have been liquidated in a single hour. Brief positions guess on...