Back in early 2022, Do Kwon was loading BTC for Luna’s backing, and then Russia invaded Ukraine out of nowhere. The market nuked instantly. No one had “full-scale war” in their model — and without it, you could argue Luna and even FTX might have survived. Now bears are celebrating the October 11 event, but what if the US suddenly brokers peace between Russia and Ukraine and the market rips the other way? Markets are built on surprises.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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