Author: @madridbg, through Power Point 2010, using public domain images. Bennymx
Greetings and welcome dear readers of this prestigious platform, especially to all those users who make life in the #LeoFinance community, this publication seeks to present some approaches associated with the business collapse that has been originating, product of the generalized liquidations consequences of the current bearish scenario that is presented at the economic level specifically in the world of cryptocurrencies.
In this sense, our analysis will focus on the economic losses that have been dragging companies such as Three Arrows Capital (3AC), understood as one of the largest investment funds that are managed in the cryptocurrency market.
Therefore it is necessary to remember that companies like Celsius has already been affected in this crypto winter and it seems that this scenario has been generalized and projected to other investment funds as has been the case of 3AC.
So that the current price drop, coupled with the radical collapse of the TERRA LUNA project has managed to generate liquidations on the investment fund Three Arrows Capital, to such an extent that they are already developing audits to understand the seriousness of the matter, as well as to identify the remaining economic of the company that can serve to remedy in some way the economic losses of those investors who believed in this type of projects.
Therefore, we can establish that over-leveraged bets are responsible for the substantial economic losses that have been established in this bearish scenario and that have resulted in the liquidation of small, medium and large investors.
Thus, the bearish scenario has managed to destabilize the economy of companies that were considered solid over time and has produced destabilization in their finances, in such a way that the economic losses generated are substantial.
At this point 3AC, has gone into default by not being able to pay one of its loans to Voyager digital with an amount that amounts to more than 350 million dollars as a result of coins indexed in U.S. dollars, in addition to an amount that amounts to 305 million dollars equivalent to an average of 15,250 Bitcoins, these figures have generated a big hole or abyss in the coffers of Three Arrows Capital amounting to more than 670 billion dollars.
Under the above, the liquidations produced on the 3AC fund, has resumed the insecurities of investors, which are now managed with caution so as not to be trapped in investment funds such as the one mentioned above. In this sense, we will be attentive to the events and outcomes of the liquidations that have been taking place, since to a certain extent these are responsible for the price action of an asset.
OF INTEREST
