The most expensive Three Arrows Capital NFTS that are to be liquidated

The most expensive Three Arrows Capital NFTS that are to be liquidated

 Su Zhu Kyle Davies Three Arrows Capital
  • The Starry Night Capital Fund of 3AC gave over $ 35 million for NFTS in 2021
  • The analysis company Nansen estimates the current portfolio value of the collector's items at around $ 860,000 $

Starry Night Capital, the investment fund that focuses on NFTS and belongs to the founders of Three Arrows Capital (3AC), has moved more than 300 digital collectors that belong to the now bankrupt company.

Teneo, the liquidator behind the insolvency procedure of 3AC, said on Tuesday that all NFTS "have been billed or are transferred to us".

Sternnacht was Used by 3ac and the pseudonym Intention to collect premium nfts. Data from A dune analysis The dashboard indicates that the fund spent around 35 million US dollar for NFTs last year.

But the value of the 4.2 million dollars by July after the turbulence on the cryptoma markets. Analysis company nansen estimates that the value is now at 625 ETH (~ 861.500 $ at the time of printing).

3ac itself was sentenced to liquidation at the end of June. After the collapse of Terra, the long-time crypto hedge fund company was confronted with numerous contractors in the entire crypto ecosystem.

3AC had a considerable commitment in his native algorithmic stable coin VAT when it loosened from the US dollar and cost almost $ 200 million.

The Fund Three Arrows Capital gave $ 10 million in ether for the five best NFTS

A large part of the NFT portfolio of Starry Night Capital is now evaluated under her last purchase price, since Ether fell by over 60 %, but Teneo will probably still get millions from her liquidation.

All dollar values ​​represent sales prices at the time of trade (pictures come from OpenSea).

pepe the frog nft genesis

Sells for: 1,001 ETH ($ 3.5 million) on October 5, 2021

Three Arrows Capital NFTS

any other asshole

Sold for: 550 ETH ($ 2.3 million) on December 5, 2021

Dankrupt

Sold for: 469 ETH ($ 2 million) on October 24, 2021

Three Arrows Capital NFTS

decay

Sold for: 345.69 ETH ($ 1.4 million) on December 5, 2021

Three Arrows Capital NFTS

ACCA-generated act portrait No. 7 framework No. 184

Sells for: 300 ETH ($ 1.1 million) on October 5, 2021

Starry Night Capital from 3AC had transferred all of its NFTs to a single wallet in June, which led to speculation about an upcoming emergency sale. In the last two days, the NFTS were transferred to a rel = "Nofollow noopener" Target = "_ blank" https://opensea.io/0xbeddf3e43015F5D1AC0D2AB3352F7B "> New GNOSIS SAFE address Now in Teneos Ownership.

The bankruptcy manager appreciated van Dough's cooperation when accessing the NFTs and ensuring that they were not sold improperly or without the approval of the bankruptcy court. Van Dough will probably also help with the final sale of the NFTS, he added.

It is not yet clear how much the NFTs are sold. It is expected that Teneo then reports further details about the liquidation process of NFT.


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The Post the Most Expensive Three Arrows Capital NFTS to Be Liquidated is not a financial advice.