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LFG Trade Inflows

On account of this week’s chaos, exchanges had an estimated 52,333 of bitcoin inflows in large part pushed by means of the depletion of the Luna Basis Guard (LFG) reserve steadiness. This doesn’t trade the bigger macro development of trade outflows over the past two years, however it’s the biggest day by day influx of bitcoin to exchanges since November 2017 and the all time perfect USD worth of bitcoin moved. 

The Luna Foundation Guard was forced to send a majority of its holdings to exchanges as it tried to hold the dollar peg for its Terra stablecoin.

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