The BTC Reserve of the Luna Foundation has been depleted.

The Luna Foundation's Bitcoin (BTC) holdings have been depleted due to repeated selling.

The BTC Reserve of the Luna Foundation has been depleted. The earthquake continues in the cryptocurrency markets. The decline in the leading cryptocurrency Bitcoin alarmed investors. Terra (LUNA) suffered the largest losses in the sinking markets lead by BTC. The system broke down as UST was constantly selling LUNA to stabilize its price, causing the value of LUNA to drop by 99.3 percent. Also, Terra's stablecoin, which was originally supposed to be pegged to $1, UST fell as low as $0.4. As a result, the Luna Foundation, which is constantly selling, has completely depleted its Bitcoin (BTC) reserves. Finally, the Luna Foundation came to the fore with another sale news. According to sources close to the subject; The Luna Foundation sold AVAX worth $5.2 million. The Luna Foundation's wallet has $52.87 million worth of Avax left. Ethereum (ETH) and Bitcoin (BTC) reserves were completely zeroed.     Source: Hardware News     You May Also Be Interested In: https://ieconomy.io/terra-luna-cakildi/