5 Top Investors Who Lost Millions From The Terra Luna Crash

Zinger Brief

• Lunatraded at $86.39 last Thursday at 3 a.m. before the coin started its descent to $1.53.
• According to those numbers, assuming each of the following wallets held the coins before the steep fall off, all of them incurred losses in the millions and one in the billions.

TerraUSD UST/USD billed itself as the gold standard of algorithmic stablecoins, but the once-stable coin lost its peg over the weekend, plummeting by 71% at its lows and taking its sister coin Terra LUNA/USD with it.

The volatile stablecoin is currently trading at 65 cents, still far off its peg of $1 six days after the disaster that cost crypto enthusiasts billions.

Luna traded at $86.39 last Thursday at 3 a.m. before the coin started its descent to $1.53.

At the time of writing, according to CoinMarketCap, one Luna is worth $1.53.

According to those numbers, assuming each of the following wallets held the coins before the steep fall off, all of them incurred losses in the millions and one in the billions. Here are the details.