Onchain Data Shows Terras Luna Foundation Continues to Stack Bitcoin – Bitcoin News - BitcoinEthereumNews.com
This week there‘s been a lot of talk about Terra’s Luna Foundation purchasing bitcoin to hold in its reserves pool. Onchain data shows the organizations wallet has transferred at least three tranches of tether worth $125 million each. Furthermore, reports show that the Luna Foundation has confirmed the recent bitcoin purchases. Onchain Data Indicates Terras Luna Foundation Has Sent 3 Tranches of Tether to Purchase Bitcoin, Foundation Confirms Bitcoin Address Two days ago, Bitcoin.com News reported on Terras founder Do Kwon discussing how he looks forward to building with bitcoin. In the report, accounts and onchain data showed that $125 million in tether (USDT) was transferred from a wallet that reportedly stems from Terras Luna Foundation. The wallet is a ग्नोसिस सुरक्षित पता and it holds $1.39 billion in ERC20-based stablecoins like tether (USDT) and usd coin (USDC). After the first transfer of $125 million in tether two days ago, theres been two more transactions of the same amount. On March 23, $125 million in tether was moved and then the following day $124.9 million in USDT was transferred. While speculation over the purchases has been circulating wildly on social media and forums, Bitcoin Magazines official Twitter account ट्वीट किए on March 23: