CandleFocus

Machi Big Brother Makes Major 3AC Token Acquisition Amid Market Fluctuations

A well-known trader named Machi Big Brother invested 125 ETH (worth $336,800) to purchase 3.28 million $3AC tokens. The purchases were made through the Uniswap platform, and the transaction was completed at an average price of $0.1028 per token. This caused the $3AC tokens to gain traction in the crypto community, and some believe it could lead to broader market action on the token. The 3AC token is a recent addition to decentralized finance and is associated with the Three Arrows Capital hedge fund. It remains to be seen whether this investment will result in profits in the volatile crypto market.

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