Ever since the Terra Ecosystem collapsed in May 2022, several questions and bits of speculation have flown around about Do Kwon as to what happened and why he did it.
Is Terra’s Co-founder guilty of what happened? Is he really on the run? This and several other questions are on the entire crypto community’s lips.
And finally, speaking to Laura Shin on “the unchained podcast,” a Youtube channel dedicated to interviewing guests from the crypto space and having them share their thoughts with the public, Kwon has revealed what happened precisely.
Bitcoin has dropped more than 60% from its all-time highs in November 2021 and is now trading below the $20,000 level.
Naturally, there has been a lot of speculation as to what is going on with BTC’s price action, what the cryptocurrency is doing now in terms of price, and what it might do in the future.
One of these facts of speculation is an observation by PlanB, a prominent crypto analyst, of how bitcoin’s price action may be doing exactly what it did before it got catapulted to its $69,000 all-time high.
