In May of last year, the Terra ecosystem's stablecoin UST and its sister currency LUNA both collapsed to nearly zero, causing countless people to lose their investments, and the entire cryptocurrency market directly evaporated by 40 billion!
Long before the collapse of LUNA, Terra's official foundation LFG (Luna Foundation Guard) had an inseparable relationship with the Avalanche fund. AVAX even became the first time LFG purchased reserve tokens other than Bitcoin.
On April 27, 2022, the LFG address received a total of 1.08 million AVAX. Starting on May 30 this year, the LFG address transferred 200,000 AVAX to the address 0x49ee and began selling them.
In addition, AVAX's address is currently on sale. As early as January 11 this year, the Terraform Labs address received 12.73 million LDOs for sale, making an easy profit of US$28.68 million!
Although dk is no longer in the circle, someone still has to fill the hole left!