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.