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Benzinga
Benzinga
Business
Shiv Juneja

3 Arrows Capital's Bitcoin And Other Positions Liquidated By FTX, BitMEX and Deribit; Fund Managers Have Gone Silent

Crypto lending and borrowing firm Three Arrows Capital (3AC) had positions liquidated by crypto exchanges Deribit, BitMEX and FTX.

What Happened: Across the past week, 3AC has experienced liquidations in Bitcoin derivative positions. As disclosed by The Block, 3AC currently owes $6 million to BitMEX. It was further revealed the positions liquidated by FTX and Deribit were comparatively smaller than the liquidation by BitMEX.

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