I got liquidated and lost my whole LUNA position | Anchor Borrow
By Singaporean Talks Money  •  May 10, 2022
My LUNA position I do hold a substantial amount of LUNA in my portfolio in relative size to my portfolio value although it is about 4 digits amount which might seem small to some. LUNA is my 3rd largest holding after ETH and BTC. My borrowed value was about USD4000 and collateralized value was about USD6000 or USD5000 (based on rough memory, not exact as price flutuates) as LUNA has been dropping substantially recently. So my LTV is actually pretty safe I would say, I had a liquidation price of $43 and didn’t really think that LUNA would drop that low although there were some warning signs the day before. Events leading to my liquidation On 8 May 2022, there was a huge amount of UST withdrawn from Anchor Protocol as well as on Curve....
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By Singaporean Talks Money
I am currently a 23 year old university student in SIM. I hope to be able to grow my money and see the power of compound interest. I became interested in investing when I took a gap year and worked full-time. I realized that by just saving, it was very difficult to achieve my financial goals hence i read up on investing.

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