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Terra Backers Buy $200M in AVAX Tokens, Bolstering Crypto Reserves Beyond BTC

The Luna Foundation Guard bought $100 million in AVAX with UST stablecoins. Terraform Labs swapped an additional $100 million in LUNA for the same value in AVAX.

Updated May 11, 2023, 5:31 p.m. Published Apr 7, 2022, 6:00 p.m.
(v2osk/Unsplash)
(v2osk/Unsplash)