UST's Depeg Likely Caused by Seven Well Funded Terra Wallets - Nansen Report - Ethereum World News


5/28/2022 12:00:00 AM2 years 11 months ago

The massive TerraUSD (UST) depegging that catalyzed LUNA's price drop alongside the entire Bitcoin and crypto markets might have been kickstarted by seven

Summary:

  • A report by Nansen has concluded that UST’s depegging was likely kickstarted by seven well-funded wallets within the Terra ecosystem.
  • The wallets withdrew UST from Anchor on… [+3152 chars]

    full article...