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‘Do Kwon’s Tweet Held Off LUNA, UST Sale,’ Says Crypto Trader -Breaking

by Mike Robinson

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© Reuters. ‘Do Kwon’s Tweet Held Off LUNA, UST Sale,’ Says Crypto Trader
  • Ash WSB, a cryptocurrency trader, tweeted that many people resisted selling LUNA/UST.
  • This is following Do Kwon’s tweet on deploying more funds.
  • Today, the committee presented amendments to 1623.

Amid the LUNA crash and Do Kwon’s discussion over it, a crypto trader has come out with accusations against Terra’s CEO. He said that people stopped trading LUNA, UST and other crypto currencies after Kwon’s announcement of plans to invest more capital in the coins.

A Twitter post (NYSE:) explains how people stayed away from selling LUNA/UST, as Do Kwon posted about deploying capital. He asked them to keep their cool. This post highlighted that Do Kwon was wrong to trust. Many are still holding LUNA (99.99%) and UST (92%). He believes that investors would have been better off selling higher to get at least 50-60%.



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