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3AC liquidator Teneo deposits $2.63M worth of STRK to Binance over past three days

May 25, 2024, 1:40 AM
Teneo, the appointed liquidator for defunct crypto hedge fund Three Arrows Capital (3AC), has deposited 2.18 million STRK ($2.63 million) to the Binance crypto exchange over the past three days, on-chain data analytics platform Spot On Chain reported on X. Currently, Teneo still holds 130 million STRK ($157 million) of 3AC's assets in custody, placing it the second-largest "non-team/CEX STRK-holding wallet." Additionally, the STRK price slipped 6% following Ethereum co-founder Vitalik Buterin’s claim of 845,000 STRK ($1.07 million) on May 24.

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