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Bearish
🔥Do Kwon sentenced to 15 years directly igniting an explosion! LUNA skyrocketed by 150% in a week before crashing, with an 18 billion contract trading volume becoming the largest sentencing gamble in history. Short sellers failed in the squeeze while long positions collectively collapsed, adding another terrifying chapter to the Terra ghost story!🔥
As of the evening of December 10, the LUNA series contracts (LUNA+LUNA2) saw a trading volume surge of nearly 1.8 billion USD in 24 hours, forcefully entering the top ten in the entire market, second only to HYPE's 1.88 billion! LUNA itself surged by 150% in a week, yet there was no technical upgrade or ecological benefit; the only trigger: Do Kwon's sentencing hearing in New York on December 11!
The market is betting real money on the sentence of this "king of stablecoins": high negative funding rates of -0.0595% and -0.0789%, with short sellers crowded to the extreme, while longs crazily bet on a light sentence! The prosecution fiercely sought 12 years, while the defense pleaded for 5 years, a huge gulf—12 years equals three crypto cycles cooling down, while 5 years might still offer a chance for a comeback.
Result? On December 11, Judge Paul Engelmayer unleashed a harsh sentence of 15 years! Describing it as “epic fraud,” surpassing the prosecution's recommendation of 12 years, and the defense's plea for 5 years was dismissed as “absurd”! Do Kwon apologized in court, with victim testimonies crying out in accusation, and the 40 billion collapse tragedy reappeared.
LUNA instantly fell from heaven to hell, with the 1.8 billion gamble resulting in total annihilation of long positions, and contracts flowing with blood! This is not a trading fundamental; this is the most insane “sentence lottery” liquidation party in crypto history! Brothers, Do Kwon is sentenced to 15 years, LUNA has completely become a ghost coin, and those still gambling should wake up; the next victim could be you! The Terra nightmare never ends; who would still dare touch this hot potato in 2026?
#美SEC推动加密创新监管
$ETH
{spot}(ETHUSDT)
$BTC
{spot}(BTCUSDT)
$LUNA
{spot}(LUNAUSDT)
As of the evening of December 10, the LUNA series contracts (LUNA+LUNA2) saw a trading volume surge of nearly 1.8 billion USD in 24 hours, forcefully entering the top ten in the entire market, second only to HYPE's 1.88 billion! LUNA itself surged by 150% in a week, yet there was no technical upgrade or ecological benefit; the only trigger: Do Kwon's sentencing hearing in New York on December 11!
The market is betting real money on the sentence of this "king of stablecoins": high negative funding rates of -0.0595% and -0.0789%, with short sellers crowded to the extreme, while longs crazily bet on a light sentence! The prosecution fiercely sought 12 years, while the defense pleaded for 5 years, a huge gulf—12 years equals three crypto cycles cooling down, while 5 years might still offer a chance for a comeback.
Result? On December 11, Judge Paul Engelmayer unleashed a harsh sentence of 15 years! Describing it as “epic fraud,” surpassing the prosecution's recommendation of 12 years, and the defense's plea for 5 years was dismissed as “absurd”! Do Kwon apologized in court, with victim testimonies crying out in accusation, and the 40 billion collapse tragedy reappeared.
LUNA instantly fell from heaven to hell, with the 1.8 billion gamble resulting in total annihilation of long positions, and contracts flowing with blood! This is not a trading fundamental; this is the most insane “sentence lottery” liquidation party in crypto history! Brothers, Do Kwon is sentenced to 15 years, LUNA has completely become a ghost coin, and those still gambling should wake up; the next victim could be you! The Terra nightmare never ends; who would still dare touch this hot potato in 2026?
#美SEC推动加密创新监管
$ETH
{spot}(ETHUSDT)
$BTC
{spot}(BTCUSDT)
$LUNA
{spot}(LUNAUSDT)
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