WebsCrypto
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Markets
  • Business
  • Opinions
  • Press Releases
Facebook X (Twitter) LinkedIn Telegram
WebsCryptoWebsCrypto
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Markets
  • Business
  • Opinions
  • Press Releases
Bitcoin (BTC) $27,133.27 3.49%Ethereum (ETH) $1,659.09 4.06%BNB (BNB) $215.39 1.95%XRP (XRP) $0.508429 0.96%Cardano (ADA) $0.249634 2.15%Solana (SOL) $19.75 4.25%Dogecoin (DOGE) $0.061457 1.79%Polkadot (DOT) $4.08 2.19%Shiba Inu (SHIB) $0.000007 1.20%Dai (DAI) $1.00 0.05%TRON (TRX) $0.086452 1.32%Polygon (MATIC) $0.519663 3.50%Avalanche (AVAX) $9.24 3.81%Uniswap (UNI) $4.43 4.95%Litecoin (LTC) $65.16 2.62%
Crypto Prices
WebsCrypto
News

Jump Crypto Report: Large Investors Exit While Retailers Continue to Buy During UST Crash

By WebsCryptoJune 3, 20222 Mins Read
Jump Crypto Report: Large Investors Exit While Retailers Continue to Buy During UST Crash
Share
Facebook Twitter Telegram LinkedIn Reddit Email

In a report on Terra’s collapse, Jump Crypto said that during the UST de-anchor, some large investors exited their Terra-related positions, while smaller investors continued to buy. So far, the company has been largely silent on Terra’s demise.

Although Jump’s president, Kanav Kariya, is listed on the LFG Foundation’s website as a member of the management committee, the report did not discuss his company’s role in the incident. Findings based on public blockchain transactions (excluding Jump’s internal data) showed that some large investors exited UST positions earlier than many smaller investors, again showing that cryptocurrency is still a game for large professional players.

Advertisements

The Jump Crypto report, written by researchers Nihar Shah and Maher Latif, noted that some of UST’s large savers withdrew from Anchor as early as May 7, while some small savers increased their exposure between May 7 and May 9. mouth. Jump said the outflow of UST from Anchor played a key role in further de-anchoring of UST.

“However, the aggregate position size of small savers is an order of magnitude smaller than that of medium and large savers, so the increase in exposure is not enough to offset the outflow,” the report concluded. In addition, Jump believes that, based on an analysis of wallet history, this crash was triggered. wallets are unlikely to be associated with professional trading entities.

Related News:
  • Polygon’s Innovative Development Tools Empower Developers to Build, Customize, and Deploy on Ethereum’s Layer 2
  • Turkish Cryptocurrency Investors Have Grown by 12% In the Past 1.5 Years
DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
Altcoin Blockchain
WebsCrypto
  • Website
  • Facebook
  • X (Twitter)
  • Instagram

WebsCrypto is your best bet for the latest crypto news from around the world.

Recommended Reading

Business September 28, 2023

Chase UK Takes a Firm Stance Against Cryptocurrency Transactions Amid Rising Scams

News September 28, 2023

Inflationary Market Bitcoin and Ethereum Remain Steady as Correlation with U.S. Stocks Rises

Markets September 28, 2023

Bitcoin Soars 80% This Year, Outpacing Global Stocks Amid U.S. Banking Crisis and Diminishing Binance Concerns

Markets September 28, 2023

Texas Takes the Lead in Bitcoin Mining, Accounting for 28.5% of US’s Hashrate

News September 27, 2023

Vitalik Buterin’s Recent Ethereum Transfers Raise Eyebrows in the Crypto Community

News September 27, 2023

Federal Reserve Report Explores Financial Stability Implications of Tokenized Assets, Citing Growth and Interconnectivity Concerns

The Latest
Business September 28, 2023

Chase UK Takes a Firm Stance Against Cryptocurrency Transactions Amid Rising Scams

News September 28, 2023

Inflationary Market Bitcoin and Ethereum Remain Steady as Correlation with U.S. Stocks Rises

Markets September 28, 2023

Bitcoin Soars 80% This Year, Outpacing Global Stocks Amid U.S. Banking Crisis and Diminishing Binance Concerns

Markets September 28, 2023

Texas Takes the Lead in Bitcoin Mining, Accounting for 28.5% of US’s Hashrate

News September 27, 2023

Vitalik Buterin’s Recent Ethereum Transfers Raise Eyebrows in the Crypto Community

EDITOR’S CHOICE
Vitalik Buterin’s Recent Ethereum Transfers Raise Eyebrows in the Crypto Community
Ether (ETH) Prices are Trading at 27% Discount to Fair Value, New Research Shows
Robert Kiyosaki: Cryptocurrency is the Future, Fiat Money is on the Decline
Bonds Surge in Appeal as Bitcoin and S&P 500 Navigate Third Quarter Downturn
News
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Markets
  • Business
  • Markets
Information
  • Opinions
  • Guides
  • Press Release
  • Sponsored
Price Indexes
  • Market Cap
  • Bitcoin Price
  • Ethereum Price
  • Cardano Price
  • Solana Price
  • Polkadot Price
  • Polygon Price
Services
  • About Us
  • Contact Us
  • Advertise
  • Privacy Policy
  • Terms of Service
WebsCrypto
X (Twitter) Facebook Telegram LinkedIn RSS
© 2023 WebsCrypto

Type above and press Enter to search. Press Esc to cancel.