If you're ever feeling down or angry at yourself about UST/LUNA, don't beat yourself up too much over it. It was highly sophisticated deception. A lot of brilliant minds fell for it. For example, Three Arrows Capital bought 10.9M locked LUNA for $559.6m - it's now worth $670.45.
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they also bought it at a 40% discount and probably shorted equivalent notional perps so they did ok with this trade
I presume they hedged and made a killing, but I doubt it would cover their entire buy - no idea though, you could be right. This price factors in the discount BTW
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its a deep market, but getting a 600mm position on a luna perp would have been impossible. position limits on binance are very real.
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