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Glassnode Glassnode @glassnode · 44.1K subscribers
Post #509 24.1K
Last week was historic for #Bitcoin, as $LUNA hyper-inflated, $UST failed, forcing the sale of 80k $BTC

Next, the $USDT peg came under pressure for 24hrs, creating $5B in losses, and a near miss with the Realized Price.

Read our full break-down analysis in The Week-On-chain
Glassnode Insights - On-Chain Market Intelligence Unstable Coins The Bitcoin market experienced a week for the history books, with the $40B LUNA/UST project hyper-inflating and collapsing, 80k BTC sold by LFG, the Tether $1 peg coming under pressure, Stablecoin supplies contracting by $7.5B, and a near visit to the Realized…
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