Almost $6 Billion Lost by Cryptocurrency Investment Funds Like 3AC, Celsius and Others

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Three Arrows Capital, Celsius and even Tesla are all victims of the notorious May-June Bitcoin sell-off

back in the May-June period. The biggest loser on the market is, as expected, the Luna Foundation Guard.

The largest portion of the coins that were lost is tied to the series of large liquidations that appeared on the market after the price of the first cryptocurrency tumbled from $30,000 to $17,000. Luna Foundation Guard lost more than 80,000 BTC, which is worth more than $1.8 billion at press time. Second place on the chart goes to Tesla since the company sold $900 million worth of BTC back in May.The notorious Three Arrows Capital was not the biggest loser on the market, despite being the most popular object of ridicule in the space since May.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

BlackberryXRP Are you guys fucking drunk? They sold the bitcoin before. They only took a slight hit on what they are holding but they haven't sold their bags.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines