Wintermute researcher: Jane Street wallet may be associated with UST depeg

According to reports, Wintermute researcher Igor Igamberiev said on social media that the wallet related to Terra depeg last year might belong to the trading company Jane Street. According to the transaction analysis, on May 3, 2022, Clearpool announced that Jane Street had borrowed 25 million USDC from BlockTower using their licensed loan pool. 1. Within two weeks of Terra’s collapse, this address received US $15 million and repaid it to the lender together with another US $10 million, without any purpose; 2. Invested 150000 US dollars in tonicdex; 3. Borrowed $25 million again and deposited it in a very interesting Coinbase wallet.

Interpretation of this information:

Wintermute researcher Igor Igamberiev recently shared on social media that the wallet associated with Terra depeg’s collapse last year possibly belongs to trading company Jane Street. According to transaction analysis, on May 3, 2022, Jane Street reportedly borrowed $25 million USDC from BlockTower using their licensed loan pool. Within two weeks of Terra’s collapse in May 2021, the wallet in question received $15 million and immediately repaid it to the lender along with another $10 million, without any clear purpose. Furthermore, the wallet invested $150,000 US dollars in tonicdex and borrowed $25 million again, depositing it in a Coinbase wallet that is said to be quite intriguing.

The message highlights the possible involvement of Jane Street in Terra depeg’s collapse and their subsequent use of a mysterious wallet. The sudden receipt of $15 million in the wallet within two weeks of Terra’s collapse raises suspicions. The immediate repayment, along with an additional $10 million, without a clear purpose creates more uncertainty. The investment of $150,000 in tonicdex and the subsequent borrowing of $25 million USDC is also noteworthy.

The message indicates that the wallet is an intriguing Coinbase wallet, which raises more questions about its purpose and Jane Street’s involvement. It’s unclear why Jane Street would be interested in borrowing such a large amount of USDC using their licensed loan pool and depositing it into the Coinbase wallet.

Overall, the message suggests that there may be more to Terra depeg’s collapse than meets the eye and that Jane Street may have played a role. The use of a mysterious wallet and the subsequent borrowing of significant funds paint a questionable picture. While the details surrounding Jane Street’s actions are still unclear, further investigation may be necessary to uncover the truth.