On The Brink with Castle Island cover image

Weekly Roundup 06/17/22 (Celsius chaos, Market contagion, the Fed's Quandary) (EP.326)

On The Brink with Castle Island

CHAPTER

Cryptocurrency Market

Three arrows capital, which is a large crypto. I guess i would call them a hedge fund slash prop shop. They appear to be unwinding here. It appears that this is a highly levered shop that is in the process of unwinding. And the collateral damage here is a tibed.

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