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UPbit Operator Dunamu Investment Subsidiary Has Exchanged All LUNA Held Into Bitcoin in February Last Year

By WebsCryptoMay 31, 20221 Min Read
UPbit Operator Dunamu Investment Subsidiary Has Exchanged All LUNA Held Into Bitcoin in February Last Year
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South Korean cryptocurrency exchange UPbit issued a document explaining the investment of operator Dunamu in LUNA. Among them, Dunamu was established on March 29, 2018, and business operations and investment decisions are made independently by investment experts within the company.

On April 20, 2018, Dunamu invested and acquired 20 million LUNA, and UPbit first supported LUNA trading on July 26, 2019.

On February 19, 2021, Dunamu exchanged all 20 million LUNAs into 2081.85 bitcoins at a price of 0.0001040925LUNA/BTC, which is 25% lower than the market price. Excluding the tax paid and the investment amount, the current unrealized income is about 41 billion. South Korean won (220 million RMB).

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.
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