Terra Brings Total BTC Holding to $1.3 Billion Following Recent Purchase

Azeez Mustapha



Select a Plan


 1-month subscription



 3-month subscription



 6-month subscription



 lifetime subscription



 Separate Swing Trading Group



Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored


Service for copy trading. Our Algo automatically opens and closes trades.


The L2T Algo provides highly profitable signals with minimal risk.


24/7 cryptocurrency trading. While you sleep, we trade.


10 minute setup with substantial advantages. The manual is provided with the purchase.


79% Success rate. Our outcomes will excite you.


Up to 70 trades per month. There are more than 5 pairs available.


Monthly subscriptions begin at £58.

In its plan to add $10 billion worth of Bitcoin to its reserve, Terra (LUNA) has acquired an additional 2,830 BTC (worth $133.5 using the current exchange rate) to its wallet.

Popular Chinese cryptocurrency analyst Colin ‘Blockchain’ Wu revealed that OKLink recently identified Terra’s foundation BTC wallet, noting that it now holds over $1.3 billion worth of Bitcoin. The address currently holds a total of 27,784.96 BTC, with the benchmark cryptocurrency trading at $47,200.

CEO and co-founder of Terra Labs, Do Kwon, originally announced on March 14 that the crypto project plans on making the Bitcoin move. Kwon noted, at the time, that this would open a new monetary era of the “Bitcoin standard.”

Meanwhile, Terra recently posted a proposal developed by Jump Crypto detailing how Luna Foundation Guard can go about the deployment of its BTC reserve on-chain, which should shield the UST against downward pressure.

OKLink also narrated that the Luna Foundation Guard’s wallet address has been carrying out nine transactions per day and a maximum of 29 transactions per week. The platform also revealed that Terra’s wallet had carried out a total of 42 transactions so far, with the highest transaction being 8,588 BTC.

Key Terra Levels to Watch — March 28

Terra has reclaimed the $95 axis following a sharp correction to the $90 last week. The rebound helped outline a clear trend in the market, as the broader market recorded some impressive gains.

LUNAUSDT 2022 03 28 16 53 32.png
LUNAUSD – 4-Hour Chart on Binance. Source: TradingView

That said, the ninth-largest cryptocurrency is well on track to re-emerge above the $100 mark in the coming days, considering the prevailing trading sentiments in the broader market. On the flip side, though, bearish retraces will likely be repelled by the $91 – $90 support zone, where my 4-hour 100 EMA rests.

Meanwhile, my resistance levels are $96.00, $100.00, and $105.00, and my support levels are $90.00, $86.00, and $80.00.

Total Market Capitalization: $2.15 trillion

Terra Market Capitalization: $33.8 billion

Terra Dominance: 1.57%

Market Rank: #9


You can purchase Lucky Block here. Buy LBlock

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *