6 months ago, Zhu Su of Three Arrow Capital claimed 100k ETH is dust for him. Today, he is selling 10 USDC, trying to pay off debt after his $20 BN fund imploded. Markets always humble those too arrogant

Not too long ago, Zhu Su claimed that 100k ETH is dust for him. Less than 6 months infact..

Zhu Su: 100k eth is dust fwiw

Today, he is sending all the left over balance from his wallets to CEX so that he can get as much money as possible. He just transferred 10 USDC, 3.98 AAVE ($200), 138 SUSHI, 0.1 YFI, 2.5 COMP ($75) and other actual "dust" to various centralised exchanges.

His size is no longer size.

How a 20 BN fund imploded in a matter of days is a lesson for everyone who thinks they are too big to fail. Arrogance has no place in markets, often those with an arrogant streak are quickly shown their place by the markets.

There are many more such people in crypto who thought they are too big and nothing could happen to them. Their behaviours smack of arrogance and disrespect for others. All it takes is one mistake where their ego takes over, and results in blowing up of all their wealth.