Crypto month at a glance: Terra's black swan event ruled the market | Economic Times

Crypto month at a glance: Terra's black swan event ruled the market https://ift.tt/nbjqiLX, this activity goes both ways, and here is why LUNA collapsed. There was a large amount of UST dumped in the market which made it lose its peg towards the downside.This triggered the arbitrage activity that is supposed to bring UST’s value back to a dollar