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The Coin Rise 2022-07-07 05:00:09

Uprise lost around 99% of its assets while shorting LUNA

As per recent reports, the South Korean digital asset investment company Uprise has lost around 99% of its assets, worth $20 million. The reason behind this major loss was it getting liquidated, shorting the LUNA token. The trading desk of the company, Heybit, uses an AI trading system that aims to reduce the risks associated […]The post Uprise lost around 99% of its assets while shorting LUNA appeared first on Blockchain, Crypto and Stock News.

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