In the last 24 hours, large ETH whales have purchased more than 42 million Terra USD (UST), according to WhaleStats data
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TerraUSD (UST) is a decentralized stablecoin that runs on Ethereum and strives to maintain its value of $1.00.
In the past four hours, whales have purchased more than 42 million USTs in four major transactions, according to WhaleStats data.
Transactions were 15,000,000 UST, 9,000,000 UST and 10,000,000 UST, respectively. Purchased at UST 8,000,000 in the fourth and final transaction.
In these days of volatility and decline in the cryptocurrency market, big investors are looking at less volatile cryptocurrencies like stablecoins. prefers to invest in assets.
https://twitter.com/WhaleStats/status/1503591804138147841