05-10-2022, 06:27 AM
LUNA just emptied their entire 1.3B+ BTC wallet
<!-- SC_OFF --><div class="md"><p><a href="https://bitinfocharts.com/bitcoin/wallet/Luna-LFG">link to the wallet</a></p> <p>So far it’s been moved to a new created address with no transactions before. This could just be a normal move or their preparation to sell. If LUNA decides to dump their entire stock of BTC it can move the price down -8-10% and trigger all buy orders on the way.</p> <p>This is insane and very scary. I don’t wanna spread FUD and definitely don’t use this as financial advice but everybody should be aware especially holding LUNA,UST or BTC trades.</p> <p>I personally doubt they would just sell their entire holdings and abandon their project. But it’s still an odd move in the middle of a big dip.</p> <p>What’s your guess why they did it?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/TarkovReddit0r"> /u/TarkovReddit0r </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ulyipf/luna_just_emptied_their_entire_13b_btc_wallet/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ulyipf/luna_just_emptied_their_entire_13b_btc_wallet/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p><a href="https://bitinfocharts.com/bitcoin/wallet/Luna-LFG">link to the wallet</a></p> <p>So far it’s been moved to a new created address with no transactions before. This could just be a normal move or their preparation to sell. If LUNA decides to dump their entire stock of BTC it can move the price down -8-10% and trigger all buy orders on the way.</p> <p>This is insane and very scary. I don’t wanna spread FUD and definitely don’t use this as financial advice but everybody should be aware especially holding LUNA,UST or BTC trades.</p> <p>I personally doubt they would just sell their entire holdings and abandon their project. But it’s still an odd move in the middle of a big dip.</p> <p>What’s your guess why they did it?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/TarkovReddit0r"> /u/TarkovReddit0r </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ulyipf/luna_just_emptied_their_entire_13b_btc_wallet/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ulyipf/luna_just_emptied_their_entire_13b_btc_wallet/">[comments]</a></span>