The guy who bet $10m on LUNA falling below $80 by 2023 with Do Kwon and shorted $10m of it just hedged his bet

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If Luna climbs back above $80, he can use the 72c investment today to pay off his end of the bet.

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This is amazing.

Are you the same McK who shared the $1.6B liquidation tweet earlier? I'd like to subscribe to your newsletter

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I'm also the guy who sold 20 Bitcoins for $800k and yolo'd shiba

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Yea just some excellent risk management. 72 cents to cover too easy of a decision.

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Is there any chance of Luna climbing back? Could they burn supply? Also isn’t the blockchain totally suspended right now? I don’t even see luna listed on exchanges right now

Maybe that's Mike Burry's alt

How did he make 10M to begin with?

I’d call him one of the best traders period. Reading some of his tweets and a lot of what he says comes true. Pretty wild

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