Storm settles: LFG’s BTC reserves drained – contagion no more

Over the last week, the Luna supply has inflated by nearly 2 million percent. Meanwhile, the Luna Foundation Guard fought to save the peg, selling 80,081 BTC in a failed attempt to raise the sinking ship.
Source: Tradingview (FTX)

Luna and UST have seen a further collapse in the last week. UST currently trades far from its peg at 8 cents, and Luna’s circulating supply is experiencing Weimarian hyperinflation as the supply has increased by 1,903,664.72% in the last seven days, according to data from Messari.

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