“The foundation had a trading hiatus after Monday’s big purchase. It is back today [snapped up 2,943 BTC],” Arcane Research’s Vetle Lunde told CoinDesk in a Twitter chat. “Last week, LFG sent $125 million worth of USDT across all weekdays and $160 million on Saturday to Jump Trading, who executed the BTC trades quickly thereafter.” USDT is the symbol for tether, the world’s largest stablecoin by market value.
Source: https://www.coindesk.com/markets/2022/03/30/bitcoin-holds-steady-as-luna-foundation-guard-slows-purchases/?utm_medium=referral&utm_source=rss&utm_campaign=headlines