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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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  • solanaSolana(SOL)$165.35-0.78%
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  • bitcoinBitcoin(BTC)$69,530.000.24%
  • ethereumEthereum(ETH)$2,494.29-0.92%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$569.89-0.47%
  • solanaSolana(SOL)$165.35-0.78%
  • usd-coinUSDC(USDC)$1.000.01%
  • rippleXRP(XRP)$0.51-1.32%
  • staked-etherLido Staked Ether(STETH)$2,492.27-0.93%
  • dogecoinDogecoin(DOGE)$0.159673-0.49%
  • tronTRON(TRX)$0.166262-0.61%