Leading crypto trading platforms, including Binance, eToro, Bybit, BitMex and others, have suspended transactions with the digital currency Terra (LUNA). This happened in connection with speculation on an unprecedented drop in the value of the asset.
The past week has been disastrous for LUNA. The value of the token dropped non-stop for 7 days in a row and collapsed to $0.00004098. Recall that just a week ago, on May 6, 2022, the exchange rate was $80. The decrease occurred almost 2 million times.