‘Do Kwon’s Tweet Held Off LUNA, UST Sale,’ Says Crypto Trader
2022.05.20 18:50
‘Do Kwon’s Tweet Held Off LUNA, UST Sale,’ Says Crypto Trader
- Crypto trader Ash WSB tweeted that many people held off from selling LUNA and UST.
- This is following Do Kwon’s tweet on deploying more funds.
- Earlier today, Terra brought amendments to its proposal 1623.
Amid the LUNA crash and Do Kwon’s discussion over it, a crypto trader has come out with accusations against Terra’s CEO. He tweeted that many people had stopped trading LUNA and UST because Kwon had announced plans to deploy more capital for the coins.
The Twitter (NYSE:TWTR) post explains that people held off from selling LUNA and UST as Do Kwon tweeted about deploying capital and asked them to hold tight. The post stressed that trusting Do Kwon turned out to be an ugly mistake. Also, many people are left holding LUNA with 99.99% and UST with a 92% dip. He says that investors could have instead sold higher and got at least 50-60%.
Many people held off from selling $L …
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