124 - Anchoring LUNA

    Over the past year, there is one obvious period of time that sticks out for Anchor liquidations and that is during the May 2021 crash. Based on the chart below, it is clear to see that there are spikes in liquidations as the price of Luna drops. While the large drop in May is the most obvious, other drops like September 7, September 20th, and December 4th show that there is a positive correlation between large drops in the price of Luna and the number of liquidations.