Terra (LUNA) developer Terraform Labs founder Do Kwon has made a $1 million bet that LUNA will not suffer a massive price drop.
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Kwon made a $1 million bet with Twitter user AlgodTrading on his own project Terra (LUNA). If LUNA trades at a lower price within a year, Sensei Algod; Kwon will win if it trades at a higher level than today’s price. LUNA was trading at $88 at the time of the bet.
https://twitter.com/AlgodTrading/status/1503103705939423234
A popular crypto phenomenon, Cobie has provided a wallet to act as escrow for deposited funds. Etherscan data shows that both parties have deposited $1 million USDT.
After the development, LUNA rose a little and is trading at $ 91 at the time of publication.
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