The day we left behind was challenging for #LUNC and #USTC .
Let's say that all open transactions and stops on the futures side were liquidated.
✴️ You can be sure that the carrying costs of those that were not liquidated increased very much.
The LUNC price fell to $ 0.00010. The USTC price fell to $ 0.02.
The declines also hit LUNA hard. The price of #LUNA fell to $ 0.47. LUNA was the most affected on the Terra side.
More than $ 2 billion of LONG positions were liquidated in the general market. There was an upward atmosphere that lasted for days. There were uncontrolled futures openings. The market took back in one day what it had given for days.
