5 minute free writing by @suanky. Topic: Heavy

All the things that have happened these last 10 days in the cryptocurrency market, have fallen pretty heavy especially for small investors who have seen their investments significantly diminished. Today I would venture to say that all investors small and large must have their wallets in the red.

Some are losing more than others, especially those who have invested part of their money in LUNA and UST the stablecoin of the LUNA project. That leaves one lesson, and that is as I have seen it, any project can go down in 24 hours, in as little as one day any project can go belly up.

I do not know the exact causes of the fall, but from what I have investigated, GEMINI wanted to help some institutions to finance them with 100K BTC for loans, but if we take into account, those 100K are approximately $3,000,000,000 putting the BTC at $30,000, with that movement of money the market suffers.

In LUNA there was movement as in UST which was the one that fell hard to be a stablecoin, and that affected LUNA that from reaching almost $ 120 in its ATH went today to have $ 0.01, it is said that there was movement of a whale and made the price hit bottom. The latter is not confirmed, but it is presumed by the amount of money that came out.