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Mar 11 • 13 tweets • 9 min read
How will Funds respond to the $USDC depegging?

Panic selling $USDC or buying $USDC at the bottom?

1.🧵

Here are the operations of Funds👇

Hope it can be helpful to you.
2.
Jump Trading, Wintermute Trading, Genesis Trading and BlockTower Capital redeemed $USDC for USD cash via #Circle and #Coinbase ahead of the weekend bank break.

Vitalik.eth, @worthalter and Taureon Capital bought $USDC at the bottom.
3.
Justin Sun, IOSG Ventures, Kyber Ventures, Chain Capital, Hashed, Spartan Group, Signum Capital, Infinity Ventures Crypto, LD Capital, LedgerPrime, Dokia capital and Alpha Citadel Ventures exchanged $USDC for $DAI, $USDT, $USDP, BUSD and $ETH.
4.
Jump Trading deposited 169.68M $USDC to #Circle.
etherscan.io/token/0xa0b869…

Wintermute Trading deposited 2.7M $USDC to #Circle and 25M $USDC to #Coinbase.
etherscan.io/address/0xdbf5…

Genesis Trading deposited 25M $USDC to #Coinbase.
etherscan.io/address/0x6d21…
5.
BlockTower Capital deposited 9.96M $USDC to #Coinbase.
etherscan.io/address/0x43ad…

vitalik.eth exchanged 500 $ETH for 400,359 $USDC and 27,179 $DAI.


@worthalter exchanged 893,439 $USDT and 106,766 $BUSD for 1,081,909 $USDC.
etherscan.io/address/0xf6b6…
6.
Justin Sun exchanged 127M $USDC for 126.96M $DAI via 3 addresses.
etherscan.io/address/0x611f…
etherscan.io/address/0x3ddf…
etherscan.io/address/0x9f84…

IOSG Ventures exchanged 118.73M $USDC for 105.67M $USDT and 2,756 $ETH($3.98M).
7.
Kyber Ventures exchanged 16.34M $USDC for 16.34M $USDP.
etherscan.io/address/0x8180…

Chain Capital exchanged 7.22M $USDC for 4.79M $USDP, 2.1M $DAI and 42,696 $USDT.
etherscan.io/address/0xda46…

Hashed exchanged 6,626,384 $USDC for 6,142,480 $USDT.
etherscan.io/address/0xdeee…
8.
Spartan Group exchanged 2.5M $USDC for 2,243,537 $USDT.
etherscan.io/address/0x0dc8…

Signum Capital exchanged 2,729,260 $USDC for 2,531,743 $USDT.
etherscan.io/address/0xbe8f…

Infinity Ventures Crypto exchanged 2.18M $USDC for 1,277 $ETH($1.84M).
etherscan.io/address/0xe444…
9.
LD Capital exchanged 1M $USDC for 229,956 $USDT and 488 $ETH($703,162).
etherscan.io/address/0xd9c6…

LedgerPrime exchanged 616,304 $USDC for 591,033 $USDP.
etherscan.io/address/0x475a…

Dokia capital exchanged 224,821 $USDC for 137.8 $ETH($198,432).
etherscan.io/address/0xe9b1…
10.
Alpha Citadel Ventures exchanged 236,903 $USDC for 231,038 $USDT.
etherscan.io/address/0xcda4…

Follow @lookonchain and join our group to receive alpha information.
t.me/lookonchain
Correction:
Chain Capital contacted us that the address starting with "0xda46" does not belong to them, Chain Capital only interacted with this address. @ChainCapital666
Correction:
Infinity Ventures Crypto contacted us that the transaction about USDC was not executed by IVC.
Correction:
IOSG Ventures contacted us that the address starting with "0x89dF" "0x3555" "0x2F8b" does not belong to them. @IOSGVC

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More from @lookonchain

Lookonchain Profile picture
Mar 13
Never seen such smart addresses!

- Made $4.14M by trading $ETH during $USDC depegging!

- Dumped $ETH before UST/LUNA crashed!

- Buy $SHIB early and sell all $SHIB at the May and October 2021 price peaks.

Currently holds over $71.72M (the cost may be only $400K).

1.
 🧵Thread
2.
We found that 15 addresses(may belong to the same person) bought 47,670 $ETH with 67.58M $USDC at $1,418 on Mar 10.

Then sold 47,668 $ETH at $1,505 for 71.72M $USDT 10 hrs ago.

Made ~$4.14M in 2 days, the ROI is 6%. Image
3.
According to the on-chain data, we found that these 15 addresses may belong to the same person, because they received a large amount of $SHIB from the same address "0x7617" on April 21, 2021. Image
Read 7 tweets
Lookonchain Profile picture
Mar 9
1/ Members of our community ask me if there are whales or SmartMoneys buying Radiant Capital Token ( $RNDT).

Here is the answer.👇

2 small whales and 2 SmartMoney bought $RNDT in the past week. Image
2/ SmartMoney"0xfbde" bought 1.09M $RDNT($285K) with 217 $ETH in the last 2 days, the buying price is ~$0.313.

This SmartMoney bought 1.53M $RDNT with $119K at the end of January, and sold all $RDNT for $317K on February 22, the profit is $198K.

arbiscan.io/token/0x0c4681… Image
3/ SmartMoney"0xbc12" bought 1.17M $RDNT($306K) with 225 $ETH in the last 2 days, the buying price is ~$0.295.

0xbc12 traded $RNDT 2 times before, earning 19 $ETH with 150 $ETH for the first time, and earning 14 $ETH with 240 $ETH for the second time.

arbiscan.io/token/0x0c4681… Image
Read 6 tweets
Lookonchain Profile picture
Mar 7
1/ The price of $MASK rose from $3.27 to $4.16 today, an increase of 27%.

We noticed that a whale withdrew ～3.6M $MASK ($14.8M) from #Binance, #OKX, #Kucoin and #Huobi through multiple addresses.

It is likely that this address is driving up the price of $MASK.
2/ We analyzed the historical transfer-in and transfer-out of the address "0xEf7C".

And found that in many cases, transfer-in will lead to an increase in the price of $MASK, and transfer-out will cause the price of $MASK to drop.

etherscan.io/address/0xef7c…
3/ This address withdrew 0.5 $ETH from Upbit as a gas fee and is a user of #Upbit.

#Upbit announced that it will open spot trading of $MASK today.

Maybe will transfer $MASK to #Upbit to sell.

upbit.com/service_center…
Read 4 tweets
Lookonchain Profile picture
Mar 6
1/ With the SEC’s regulation of $BUSD, #Binance is looking to collaborate with other stablecoin projects.

- Minted 180M $TUSD from Feb 16 to Feb 24;
- Announced listing $LQTY in the Innovation Zone on Feb 28;
- Announced launching $TRU perpetual contract today.

A thread🧵
2/ Both the price of $TRU and $LQTY increased more than 200% in the past 30 days.

And whales are accumulating $TRU and $LQTY.👇
3/ Address “0x4322” bought 23.5M $TRU ($2.94M currently) from #Binance at an average price of $0.07344 from Feb 23 and Mar 3.

etherscan.io/token/0x4c1959…
Read 6 tweets
Lookonchain Profile picture
Mar 3
1/ A smart institution accumulated 7,669 $ETH ($12M), 83,815 $AAVE ($6.37M), 919,998 $UNI ($5.74M) and 86,976 $COMP ($4M) this year.

This institution made ~$36M in 2022 by buying $ETH at the bottom and selling $ETH at the top!
2/ The institution received 95,138 $ETH ($118M at that time) from #Binance between Jun 24 and Aug 1, 2022, with an average receiving price of $1,237.

And transferred 95,100 $ETH ($154M at that time) to #Binance on Aug 15, Sept 14, and Sept 15, 2022.

Made a profit of ~$36M!
3/ The institution received 86,976 $COMP from #Binance on Jan 4 and today, with an average receiving price of $39.

Received 83,815 $AAVE from #Binance on Jan 4 and Jan 7, with an average receiving price of $57.

Received 919,999 $UNI from #Binance today when the price is $6.2.
Read 6 tweets
Lookonchain Profile picture
Mar 3
1/ With the crash of #Silvergate, the crypto market plummeted, and the price of $ETH dropped by 5%.

Before $ETH plummeted, the price had a slight increase.

The mysterious fund withdrew 312M $USDC from #Circle and transferred to exchanges during the 8 hours of the uptick.
2/ #Coinbase tweeted that it would no longer accept or initiate payments with #Silvergate 14 hrs ago.

13 hrs ago, the fund started to withdraw $USDC from #Circle and transfer to exchanges, then stop 5 hrs ago.

The price of $ETH has increased by 2% during this period.
3/ The fund withdrew 10M $USDC from #Circle and transfer to exchanges again 40 mins ago.

According to the data on the chain, the behavior of this mysterious fund is very strange.
Read 5 tweets

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