“3AC associated wallet purchased Neon Village NFT for 20 ETH” is an offer that was not canceled three years ago

According to TechFlow, blockchain data shows that a wallet associated with the bankrupt crypto hedge fund Three Arrows Capital (3AC) purchased the Neon Village NFT for 20 ETH (about $59,821) on July 5. The transaction stems from an uncancelled bid by the wallet three years ago. The SuperRare Bot X channel announced the transaction, and the buyer was identified as "abcdefg". NFT collector Brian discovered that the bid was made as early as three years ago. The Arkham Intelligence platform shows that the wallet belongs to Three Arrows Capital. Although 3AC filed for bankruptcy in July 2022 and its wallet is controlled by liquidation company Teneo, the funds for this purchase have been stored in SuperRare market custody since 2021.

Neon Village was created by SeerLight and minted and sold on July 24, 2021. NFT market sales surged in the second quarter of 2024, reaching $4 billion.