Magic

[fintradingt]

A very sophisticated, Soros-style, attack triggered the $LUNA crash. Just goes to show nothing is really safe.

How to make a >800 million dollars in crypto attacking the once 3rd largest stablecoin, Soros style:

Everyone is talking about the $UST attack right now, including Janet Yellen. But no one is talking about how much money the attacker made (or how brilliant it was). Lets dig in🧵 pic.twitter.com/nGVfqjpVJb

— Onchain Wizard (@OnChainWizard) May 10, 2022

My best trade of the year was closing a $LUNA long position at $62 on Sunday morning after it fell through its 200 day ma. Unfortunately, I was not on an exchange where I could short $LUNA or buy puts on it. I'm buying some $LUNA today sub $1 as a lotto play.