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DOMAINS TOKEN-G

Ronald Maguire

15 May 2022 203 Read Crypto , Bitcoin

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80,000 BTC Sent to Gemini and Binance

Terra (LUNA) ecosystem has 80,000 BTC. Therefore, BTCs sent to Binance and Gemini are thought to belong to the Luna Foundation Guard, which is responsible for keeping the Terra ecosystem running. The value of the BTCs sent is 2 billion 369 million dollars.

LFG Has Transferred Funds to Two Targets

LFG sent 52,000 BTC to Gemini and 28,000 BTC to Binance. LFG tried to save the ecosystem from collapse by sending 37,000 BTC to Gemini on May 9. They had lent funds to market makers with 37,000 BTC. Terraform Labs CEO Do Kwon will soon reveal what the ecosystem will do with Bitcoins.

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