The investors who became rich from the 60 billion euro “bank run” in TerraUSD

In just a few days, UST and LUNA lost billions of dollars, and now have a market capitalization that is far from the all-time high of $60 billion.

In May, the collapse of one of the most popular stablecoin – that is, a cryptocurrency pegged to the US dollar at a rate of 1 to 1 – caused the loss of tens of billions of dollars, with investors withdrawing at a moment’s notice in a situation that simulated a bank run.

But just before the big “bang”, terraUSD (aka UST) and it’s “twin” crypto LUNA had experienced a deafening rally, which some managed to exploit appropriately.

Learn who the investors who earned millions from this collapse here.