Arca

According to reports, according to Spot On Chain monitoring, Arca, a digital asset management company, or due to the upcoming launch of Arbitrum native Token ARB, has sold most of the Arbitrum ecological tokens: 1.6 million RDNTs were exchanged for 712000 USDTs 10 hours ago; Four hours ago, 312000 SYNs were exchanged for 165.6 ETHs (approximately $267000). Interpretation of this information: The news reports about Arca, a digital asset management company, indicate that it has recently sold most of the tokens associated with the Arbitrum ecosystem. The reason behind this…

It is reported that Hassan Bassiri, vice president of portfolio management of Arca, a crypto hedge fund, has resigned. The time and reason for Bassiri’s resignation were not disclosed. Before joining Arca, he worked in the M&A team of KPMG, the four major accounting firms, for 10 years, including as a DeFi analyst. A few months after the closure of the Arca Digital Yield Fund, which he co-managed with Jeff Dorman, Arca’s chief investment officer, Bassiri chose to leave. The Digital Yield Fund opened in the summer of 2021, but…

According to reports, according to people familiar with the matter, Hassan Bassiri, vice president of portfolio management of Arca, has confirmed to leave the company. The time and reason for Bassiri’s resignation were not disclosed. However, it can be confirmed that the Arca Digital Yield Fund, jointly managed by Bassiri and Arca Chief Investment Officer Jeff Dorman, has been closed for several months due to the collapse of Terra. （CoinDesk） Interpretation of this information: The news that Hassan Bassiri, the Vice President of Portfolio Management at Arca, has left the…

According to reports, the data on the chain showed that about an hour ago, Arca, a digital asset management company, bridged 450 ETHs ($765000) to the Arbitrum network, and bought 422000 RDNTs (about $125000) and 757 DPXs (about $285000), with an average purchase price of $0.27 and $360 respectively. Interpretation of this information: The message reports about a recent transaction undertaken by Arca, a digital asset management company. According to the data on the chain, about an hour ago, Arca transferred 450 ETHs, a popular cryptocurrency, worth approximately $765,000 to…

It is reported that according to the monitoring of Lookonchain, Amber Group and Arca have been increasing their holdings in GMX in the past month. Amber Group received 122144 GMXs (current value of US $9.8 million) from the address of Qian’an Exchange in the past month, with an average receiving price of US $61.9. These 122144 GMXs have been transferred to three new addresses. Arca bought 42972 GMX with 2065 ETHs at an average price of about US $81.5 in the past three days, and 23476GMX with 1 million USDC…