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

Luna Foundation Guard Reveals It Sold More Than ,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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