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From $3 Billion to Zero in Just 3 Days — The Fall of Su Zhu Once hailed as a genius in crypto finance, Su Zhu, co-founder of Three Arrows Capital (3AC), went from managing billions to total collapse — in just 72 hours. The rise was meteoric. In 2012, Zhu was a trader at Deutsche Bank. By 2021, he led the most powerful hedge fund in crypto, with billions in AUM and bold bets on market cycles. But his empire had a fatal flaw: reckless leverage. 3AC borrowed from everyone — BlockFi, Voyager, Genesis — then borrowed more on top of that. The strategy? Bet big and hope the market never turned. Zhu wasn’t just risking his own capital. He had: • Funds from billionaires • Assets from other hedge funds • Trust from crypto OGs All invested into risky positions, including a $500 million bet on LUNA — which vaporized in 48 hours during its 2022 crash. That collapse triggered a domino effect. Bitcoin tumbled. Collateral vanished. Creditors lined up. And Su Zhu? He disappeared. Why did it all fall apart? • No risk management • Extreme leverage • Zero transparency 3AC’s model only worked in a bull market. The moment prices dipped, the house of cards came crashing down. The crash of Three Arrows Capital became one of the largest failures in crypto history — wiping out investors, shaking trust, and exposing the danger of unchecked greed. Su Zhu’s story is a warning: Even in crypto, leverage kills. #CryptoCrash #CryptoLessons #BitcoinCollapse #DeFiDrama #CryptoHistory
From $3 Billion to Zero in Just 3 Days — The Fall of Su Zhu

Once hailed as a genius in crypto finance, Su Zhu, co-founder of Three Arrows Capital (3AC), went from managing billions to total collapse — in just 72 hours.

The rise was meteoric.
In 2012, Zhu was a trader at Deutsche Bank.
By 2021, he led the most powerful hedge fund in crypto, with billions in AUM and bold bets on market cycles.

But his empire had a fatal flaw: reckless leverage.

3AC borrowed from everyone — BlockFi, Voyager, Genesis — then borrowed more on top of that. The strategy? Bet big and hope the market never turned.

Zhu wasn’t just risking his own capital. He had:
• Funds from billionaires
• Assets from other hedge funds
• Trust from crypto OGs

All invested into risky positions, including a $500 million bet on LUNA — which vaporized in 48 hours during its 2022 crash.

That collapse triggered a domino effect. Bitcoin tumbled. Collateral vanished. Creditors lined up. And Su Zhu? He disappeared.

Why did it all fall apart?
• No risk management
• Extreme leverage
• Zero transparency

3AC’s model only worked in a bull market. The moment prices dipped, the house of cards came crashing down.

The crash of Three Arrows Capital became one of the largest failures in crypto history — wiping out investors, shaking trust, and exposing the danger of unchecked greed.

Su Zhu’s story is a warning:
Even in crypto, leverage kills.

#CryptoCrash #CryptoLessons #BitcoinCollapse #DeFiDrama #CryptoHistory
🔥 "If Bitcoin Disappears Tomorrow, What Would Happen?" Imagine BTC vanishes overnight—what happens to the crypto market? 🤯 Comment your thoughts! 👇 #BitcoinCollapse #BTCScenario $BNB $SOL $BTC
🔥 "If Bitcoin Disappears Tomorrow, What Would Happen?"
Imagine BTC vanishes overnight—what happens to the crypto market? 🤯 Comment your thoughts! 👇
#BitcoinCollapse #BTCScenario
$BNB $SOL $BTC
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