Luna Foundation Guard just moved $1.4 billion Bitcoin to Gemini |

Luna Foundation Guard just moved $1.4 billion Bitcoin to Gemini |

The cryptocurrency world has seen quite a few large security breaches in recent years, with hackers siphoning off millions of dollars worth of Bitcoin from exchanges and users. Luna Foundation Guard just moved $1.4 billion Bitcoin to Gemini, the exchange founded by Tyler Winklevoss and Cameron Winklevoss which boasts physically secure storage facilities around the globe. The encrypted funds will be stored on offline devices that are never online or connected to a computer system for 100% protection.

Register now on Binance, add 50$ and get 100$ bonus voucher!

The “luna foundation guard twitter” is a cryptocurrency that was recently moved to Gemini. The Luna Foundation Guard has just moved $1.4 billion Bitcoin to the Gemini exchange.

Luna Foundation Guard just moved $1.4 billion Bitcoin to Gemini |

The Luna Foundation Guard is transferring billions of dollars worth of Bitcoin over the network. The wallet address “bc1q9d4ywgfnd8h43da5tpcxcn6ajv590cg6d3tg6axemvljvt2k76zs50tv4q” formerly contained 42,530 BTC, however it was emptied today, May 9 at 6:34 PM UTC. The address has been verified as LFG’s reserve wallet in the past, and it has been gradually gathering Bitcoin for months.

The Bitcoin has been transferred to other wallets multiple times, and each time the whole sum was moved within minutes of the confirmation. The money was divided at wallet “bc1qsl,” with 12,530 BTC going to one address and 30,000 BTC going to another. The 30,000 BTC was divided into two packages of 18,407 BTC after 7,000 BTC was added from another wallet. According to internet statistics, both items were shipped to the Gemini Exchange.

At the time of writing, the transaction was still pending confirmation.

Luna Foundation Guard just moved $1.4 billion Bitcoin to Gemini |Blockchair is the source of this information.

Do Kwon said on Twitter that he is “deploying additional cash.” However, it is not difficult to predict whether the Bitcoin community would enjoy a $1.2 billion sell market order. It’s unclear if the Bitcoin transferred to Gemini will be sold, but with the UST currency peg in jeopardy, it’s one option LFG has.

Obtain a Competitive Advantage in the Crypto Market

Join Edge to get access to our own Discord community, as well as more exclusive material and commentary.

On-chain investigation

Snapshots of prices

Register now on Binance, add 50$ and get 100$ bonus voucher!

more information

For $19 per month, join today. Examine all advantages.

The “luna ust peg” is a Bitcoin wallet service that has just moved $1.4 billion worth of Bitcoin to Gemini. The move was part of their plan to make the platform more secure and compliant with regulatory requirements.

  • luna foundation guard wikipedia
  • luna crypto
  • luna price
  • ust peg chart
  • btc to usd

Register now on Binance, add 50$ and get 100$ bonus voucher!

More Stories
Bitcoin price targets $35K bounce level on El Salvador legal tender milestone