As LUNA collapsed, traders made 25x returns doing something stupidly simple 

I explain how, on May 12th, 2022, traders used UST-LUNA as an easy money machine and accelerated the LUNA collapse in the process.
Warning: This is not investment, financial, or trading advice.
Some more info: This trade described is probably not what initially caused TerraUSD to unpeg from the US dollar, but it greatly accelerated the collapse of LUNA. The 6.9 trillion figure for LUNA supply was easily viewable at the official Terra Station website - anyone could have checked and seen that LUNA was inflating at a crazy rate. That, plus the official exchange rate and Coinbase Pro exchange rates were all that were needed to find this trade. There was no secret information or hidden magic here, just simple arbitrage that was unusually lucrative.