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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)$89,395.00-3.24%
  • ethereumEthereum(ETH)$3,026.28-3.98%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.03-3.74%
  • binancecoinBNB(BNB)$884.60-2.09%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$133.56-4.25%
  • tronTRON(TRX)$0.285909-0.25%
  • staked-etherLido Staked Ether(STETH)$3,026.04-3.98%
  • dogecoinDogecoin(DOGE)$0.139732-5.68%
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  • bitcoinBitcoin(BTC)$89,395.00-3.24%
  • ethereumEthereum(ETH)$3,026.28-3.98%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.03-3.74%
  • binancecoinBNB(BNB)$884.60-2.09%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$133.56-4.25%
  • tronTRON(TRX)$0.285909-0.25%
  • staked-etherLido Staked Ether(STETH)$3,026.04-3.98%
  • dogecoinDogecoin(DOGE)$0.139732-5.68%