LFG Swapped Over 80k BTC for $UST Soon After Stablecoin Lost Peg – crypto.news - BitcoinEthereumNews.com
Bitcoin क्रिप्टोस्थिर मुद्रा के खो जाने के तुरंत बाद LFG ने $UST के लिए 80k BTC से अधिक की अदला-बदली की - क्रिप्टो.न्यूज़05 / 16 / 2022बिटकॉइन एथेरियम समाचार On May 16, Wu Blockchain की रिपोर्ट that the LFG currently holds a reserve of merely 313 BTC. The anouncement came after LFG noted that they converted most of their reserves when UST began to lose its peg on the 8th. LFG Now Holds 313BTC Wu Blockchains tweet read, “LFG revealed the whole process of using the reserve BTC, the original 80,394 BTC is currently only 313BTC left: Begining on May 8, when the price of UST began to drop substantially below one dollar, the Foundation began converting this reserve to UST.” Earlier in the day, the Luna Foundation Guard, through a ट्विटर धागा, explained how much reserves they held earlier for UST. In their tweet, the LFG mentioned that as at Saturday May 7th, they were holding a reserve of over 80,394BTC, 39,914 BNB, 26,281,671 $USDT, 1,973,555 $AVAX, 1,691,261 $LUNA, 23,555,590 $USDC and 697,344 $UST. However, the LFG currently only holds 313 BTC after exchanging over 80k BTC. Wu Blockchain mentioned that LFG converted most of its BTC reserve into UST in a mission to return