Luna Confirms They Sold All Bitcoin

The Luna Foundation has announced they sold 80,000 bitcoin, currently worth $2.4 billion, on May the 8th and 10th while bitcoin’s price crashed.

They sold them for about 3 billion UST, which is now worth nothing because Terra has suspended their blockchain, with Luna stating:

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• Source: https://www.trustnodes.com/2022/05/16/luna-confirms-they-sold-all-bitcoin

This Post was originally published on Trustnodes