TIMES STAMPS ARE COMING IN A FEW HOURS
In this video, I explain what happened to $LUNA/$UST. I go over market psychology and I explain that this is not the first time that big whales take advantage of weaknesses in financial markets. George Soros for instance crashed the Bank of England, the Bank of Thailand and many others. Then I go over what regular investors can do to mitigate the risks of such attacks and we look over what we can expect in the future.
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https://en.wikipedia.org/wiki/Fortuna#/media/File:Fortuna,_inv._2244_-_Braccio_Nuovo,_Museo_Chiaramonti_-_Vatican_Museums_-_DSC00920.jpg
https://upload.wikimedia.org/wikipedia/commons/f/f6/Balthazar_Nebot_-_Allegory_of_Fortune_-_Google_Art_Project.jpg
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https://www.google.com/imgres?imgurl=https%3A%2F%2Fwww.mediastorehouse.com.au%2Ft%2F497%2Ftarot-card-fortune-wheel-fortune-fate-12323528.jpg&imgrefurl=https%3A%2F%2Fwww.mediastorehouse.com.au%2Fgranger-art-on-demand%2Foccult%2Ftarot-card-fortune-wheel-fortune-fate-12323528.html&tbnid=1jFSotSMCP1Z4M&vet=12ahUKEwiZsb2u2df3AhWRxqACHf8JB0IQMyhHegUIARCOAQ..i&docid=aqF3gY_HAy6QyM&w=172&h=330&q=wheel%20of%20fortune%20tarot&ved=2ahUKEwiZsb2u2df3AhWRxqACHf8JB0IQMyhHegUIARCOAQ#imgrc=xK-s0sDFLDuFgM&imgdii=VdTZwNGa8mOu7M
https://www.businessinsider.com/how-george-soros-broke-the-bank-of-thailand-2016-9
https://www.binance.com/en/trade/BTC_USDT?layout=pro
https://www.binance.com/en/trade/LUNA_USDT?layout=pro
https://www.binance.com/en/futures/BTCUSDT
https://app.perp.com/markets/LUNA:USD
ok here is how the $luna $ust attack was coordinated & executed. 🧵 (quoted from a friend)
– attacker OTC accumulated $1bn of UST
– borrowed $3bn in $btc
– spread around some fud about peg and bank runs
– dumped the fuck out of their $3bn $btc on market to trigger wider panic— Rani Haddad (@4484) May 10, 2022
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
1/ Dear Terra Community:
— Do Kwon 🌕 (@stablekwon) May 11, 2022
Posts by FreddieRaynolds
Posts by 0xSifu
https://www.defisafety.com/pqrs?title=balancer&orderBy=finalScore
TIME STAMPS:
00:00 Intro
01:40 Current price
02:35 Luna & Goddess of fortune
11:03 George Soros, passion for destruction
14:52 BTC crash & recovery
20:35 Luna Futures Shorting
24:25 What happened?
40:40 Was it preventable?
44:28 Can $Luna/$UST Recover?
50:15 What can we learn from this?
54:00 What do we do now?
01:02:44 Do we need Gov regulation?
01:08:05 outro
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DISCLAIMER:
This presentation is for informational, educational and entertainment purposes only. Nothing is this presentation is financial, legal, tax or any other kind of advice. Nothing presented here is an inducement to make any particular investment or to follow any specific strategy. Make your strategy with the help of your own certified professionals only. Whatever you invest in is at your risk. Please do your own research and consult certified professionals before investing in anything whatsoever.