LUNAs fall is part 2 of a bigger plan i think (pls lets discuss)
So everyone wants to make money, so why should an engineered attack just take advantage of one side (short)?
My understanding of this manipulation is the following:
1. manipulate LUNA price by extreme shorting
2. take advantage of the UST stablecoin flaw and make LUNA fall hard
3. buy LUNA back at a very low cost
4. simultaneously buy a big amount of longs for a laughingly low price
5. pump LUNA back and redistribute
>> BIG PROFIT from short and long <<
My understanding of this manipulation is the following:
1. manipulate LUNA price by extreme shorting
2. take advantage of the UST stablecoin flaw and make LUNA fall hard
3. buy LUNA back at a very low cost
4. simultaneously buy a big amount of longs for a laughingly low price
5. pump LUNA back and redistribute
>> BIG PROFIT from short and long <<