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@PlayerYU https://www.gate.com/zh/post/status/19038966
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In 2021, Jump Trading quietly bailed out UST at a 99.5% discount on LUNA. In 2022, Jane Street allegedly dumped 85M UST into a drained pool within 10 minutes of a non-public Terraform withdrawal. $40 billion gone. Retail held the bag. All hell broke loose, an unimaginable