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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)$97,937.003.83%
  • ethereumEthereum(ETH)$3,356.159.12%
  • tetherTether(USDT)$1.00-0.07%
  • solanaSolana(SOL)$257.4810.32%
  • binancecoinBNB(BNB)$620.522.11%
  • rippleXRP(XRP)$1.155.10%
  • dogecoinDogecoin(DOGE)$0.3859412.81%
  • usd-coinUSDC(USDC)$1.000.02%
  • staked-etherLido Staked Ether(STETH)$3,357.789.29%
  • cardanoCardano(ADA)$0.80-1.68%
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  • bitcoinBitcoin(BTC)$97,937.003.83%
  • ethereumEthereum(ETH)$3,356.159.12%
  • tetherTether(USDT)$1.00-0.07%
  • solanaSolana(SOL)$257.4810.32%
  • binancecoinBNB(BNB)$620.522.11%
  • rippleXRP(XRP)$1.155.10%
  • dogecoinDogecoin(DOGE)$0.3859412.81%
  • usd-coinUSDC(USDC)$1.000.02%
  • staked-etherLido Staked Ether(STETH)$3,357.789.29%
  • cardanoCardano(ADA)$0.80-1.68%