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╚»«╝🇦‌🇳‌🇦‌🇳‌🇩‌ ᴊᴀɪɴ ╚»«╝-(🅱🆄🆁🅸 🅽🅰🆉🅰🆁 🆆🅰🅻🅴 🆃🅴🆁🅰 🅼🆄🅷 🅺🅰🅰🅻🅰 )

Yesterday crypto market saw a crash that brought down the

value of bitcoin to $33K but do you know the reason behind it?
So, the reason was Terra Luna, Luna's stable coin de pegged at 0.99$ and they dumped BTC ETHto peg it at 1$. An address was swapping 1,000 ETH to USDT to UST every few minutes. ~30,000 swapped.

Plus a 20,000 ETH was transferred to Binance.

#cryptocurrency #english #wazirx
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Sunil-R

There appears to be a coordinated attack on Luna. It had always been an alogrythmic stable coin. Now, they were adding BTC in addition to the burning of Luna for UST.

0
11.05.2022

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