News about Luna

by COINS NEWS - 2 years ago

Luna/UST Discussion Megathread

In the past several hours, UST stablecoin lost its peg and dropped to as low as 69c to the dollar. As a result, the Luna token also saw severe drawdowns and the entire market braved volatility. Here is an explanation of what happened to UST/Luna: htt...

by COINS NEWS - 2 years ago

LUNA just emptied their entire 1.3B+ BTC wallet

link to the wallet So far it’s been moved to a new created address with no transactions before. This could just be a normal move or their preparation to sell. If LUNA decides to dump their entire stock of BTC it can move the price down -8-10% and tri...