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LUNA drops 20% in a day as whale dumps Terra’s UST stablecoin — selloff risks ahead?

May 8, 2022 by DIGIT
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Excessive Terra supply coupled with UST supply contraction coincides with LUNA’s price decline.

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Categories altcoin, burn, Luna, Stablecoin, Supply, Technical Analysis, Terra, TerraUSD, UST
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  • bitcoinBitcoin(BTC)$68,384.00-0.30%
  • ethereumEthereum(ETH)$1,988.220.81%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$1.470.67%
  • binancecoinBNB(BNB)$623.391.66%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$86.551.58%
  • tronTRON(TRX)$0.2844131.71%
  • dogecoinDogecoin(DOGE)$0.099898-2.18%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%
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  • bitcoinBitcoin(BTC)$68,384.00-0.30%
  • ethereumEthereum(ETH)$1,988.220.81%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$1.470.67%
  • binancecoinBNB(BNB)$623.391.66%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$86.551.58%
  • tronTRON(TRX)$0.2844131.71%
  • dogecoinDogecoin(DOGE)$0.099898-2.18%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%