Among the many questions still surrounding the bankrupt crypto hedge fund Three Arrows Capital, one of which concerns the fate of the company’s NFT collection, the assets are being moved to new wallets.
According to a tweet from crypto analytics firm Nansen, the NFT owned by Starry Night Capital, a fund founded by Three Arrows Capital and pseudonymous collector Vincent Van Dough in 2021, is being moved.still new walletthat is Gnosis Safe
Gnosis Safe is a wallet. Ethereumwhich is particularly safe This requires multiple signatures to authorize transactions. It was found that 383 Ethereum NFTs were moved to the new wallet at the time of this writing.previous walletThere are still 80 NFTs left.
NFTs previously collected by Starry Night Capital are moving to a Gnosis Safe address.
These NFTs include:
– Pepe the Frog NFT Genesis, sold for 1,000 ETH (~$3.5M) on Oct 5, 2021
– Fidenza #718, sold for 240 ETH (~$1.1M) on Nov 13, 2021Some other notable NFTs below pic.twitter.com/8PU13CqMnn
— Nansen
(@nansen_ai) October 4, 2022
Three Arrows and Vincent Van Dough set up a $100 million Starry Night fund in August 2021 and have fun spending $5.66 million in high-value Ethereum assets, and bought Art Blocks Ringers NFT from artist Dmitri Cherniak.
Other notable NFTs at Starry Night Capital include artist Matt Furie’s Pepe the Frog Genesis NFT. worth $3.5 million and three NFTs from pseudonymous artist XCOPY that range in price from $1.4 million to $2.3 million. Starry Night also includes CryptoPunks, Rare Pepes, and other collectibles.
Three Arrows Capital is one of the best known crypto hedge funds. until a sudden collapse in May After the rapid decline of Terra’s LUNA and UST tokens and affect the crypto ecosystem at large.
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