Wallet Related to Terra Depeg Might Belong to Jane Street
According to reports, Wintermute researcher Igor Igamberiev said on social media that the wallet related to Terra depeg last year might belong to the trading c…
According to reports, Wintermute researcher Igor Igamberiev said on social media that the wallet related to Terra depeg last year might belong to the trading company Jane Street. According to the transaction analysis, on May 3, 2022, Clearpool announced that Jane Street had borrowed 25 million USDC from BlockTower using their licensed loan pool. 1. Within two weeks of Terra’s collapse, this address received US $15 million and repaid it to the lender together with another US $10 million, without any purpose; 2. Invested 150000 US dollars in tonicdex; 3. Borrowed $25 million again and deposited it in a very interesting Coinbase wallet.
Wintermute researcher: Jane Street wallet may be associated with UST depeg
Interpret the above information:
According to Wintermute researcher Igor Igamberiev, the wallet related to Terra Depeg collapse last year might belong to Jane Street, a trading company. This revelation came after the transaction analysis showed that on May 3, 2022, Jane Street borrowed 25 million USDC from BlockTower using their licensed loan pool. Within two weeks of the Terra Depeg collapse, the same address received US $15 million and repaid it to the lender along with another US $10 million without any purpose. Additionally, an investment of US $150,000 was made in Tonicdex, and $25 million was borrowed again and deposited in a Coinbase wallet.
The fact that the wallet related to Terra Depeg collapse might belong to Jane Street raises several questions. The sudden repayment of the $15 million and $10 million without any purpose seems suspicious. It could indicate that Jane Street had some involvement in the event, and they were trying to cover up their tracks by repaying the borrowed amount. However, it is important to note that this is merely speculation, and more evidence is needed to confirm any wrongdoing.
The investment of $150,000 in Tonicdex is also an interesting move. Tonicdex is a decentralized exchange protocol that runs on the Ethereum blockchain. This investment could suggest that Jane Street was interested in exploring trading on decentralized exchanges. The cryptocurrency market is constantly evolving, and the rise of decentralized exchanges has disrupted traditional centralized exchanges to some extent.
Finally, it is worth noting that the $25 million was deposited in a very interesting Coinbase wallet. The identity of the owner of this wallet is not known, and it remains unclear what Jane Street’s intentions were with the deposit. Coinbase is one of the largest cryptocurrency exchanges in the world, and its wallet service is widely used by traders and investors.
In conclusion, the revelation that the wallet related to Terra Depeg collapse might belong to Jane Street has raised several questions. The borrowing, investing, and depositing moves made by Jane Street are intriguing and suggest that they may have been exploring new opportunities in the cryptocurrency market. However, more evidence is needed to confirm any wrongdoing.
This article and pictures are from the Internet and do not represent SipPop's position. If you infringe, please contact us to delete:https://www.sippop.com/3951.htm
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Related recommendations
-
Meta Scraps NFT Pursuit to Explore Other Ways to Support Creators
According to reports, Stephane Kasriel, head of business and financial technology at Meta, said that Meta was giving up its pursuit of NFT. Kasriel wrote in his
-
When will Bitcoin fall (When will Bitcoin rise crazily)
When will Bitcoin fall? The trend of Bitcoin experienced a pullback on April 5th
-
Ethereum experiences a significant drop in value
According to the report, the market showed that Ethereum fell below $1600 and is now quoted at $1565.01, down 4.37% in 24 hours.
Ethereum fell below $1…
-
Grayscale Bitcoin Trust’s Price Increase and its Narrowing Discount
On March 9, according to the data of TradeingView, the share price of Grayscale Bitcoin Trust rose 4% as of 10:30 a.m. EDT. At present, the discount of GBTC\’s n
-
Blockchain Capital Transfers 18.2 Million MATICs to Coinbase and Gemini
According to reports, according to Spot On Chain monitoring, Blockchain Capital transferred 18.2 million MATICs (approximately $18.4 million) to Coinbase and Gemini early this morn
-
Coinmetro acquires Ignium to boost its fundraising capacity
It is reported that Coinmetro, the cryptocurrency exchange, announced on Tuesday that it will acquire Ignium, a blockchain-based social fund-raising platform. …
-
The State of Decentraland Metaverse Fashion Week: An Analysis of Recent Attendance
On April 8th, according to data, the attendance of Decentraland Metaverse Fashion Week has decreased from 108000 to 26000 recently. According to a Decentraland
-
What is JBtc Coin (Obtc Coin)?
What is JBtc Coin? JBtc Coin is a digital currency based on blockchain technolog
-
Buffer Finance Integrates Python Low Latency Pull Model Oracle Machine for Greater Data Accuracy
On April 16, it was reported that the option trading platform Buffer Finance had completed the integration of the Python low latency pull model oracle machine in its DApp, and bega
-
The Takeover of Celsius Network by NovaWulf: A Digital Asset Investment Company
According to reports, NovaWulf, a digital asset investment company, plans to take over all assets of the bankrupt cryptolending platform Celsius Network and transfer the remaining