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The Daily Hodl 2022-05-18 16:55:44

Luna Foundation Guard Reveals It Sold More Than $2,400,000,000 in Bitcoin (BTC) at Height of TerraUSD Collapse



The Luna Foundation Guard (LFG) is reporting dumping more than $2.4 billion worth of Bitcoin (BTC) last week as the stablecoin TerraUSD (UST) collapsed. The LFG, a non-profit organization built to support the Terra (LUNA) ecosystem, held a reserve of 80,394 BTC on May 7th. Explains the LFG in a long series of tweets, “Consistent with […]The post Luna Foundation Guard Reveals It Sold More Than $2,400,000,000 in Bitcoin (BTC) at Height of TerraUSD Collapse appeared first on The Daily Hodl.


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