Questions

We are going to find:

Transactions Average Transaction Fee per txn per week Total Transaction Fees per week Total number of transactions per week Average transactions per second (TPS) per week Average block time per week Wallets Total number of new wallets per week Total number of active wallets per week Only include senders who initiate transactions Cumulative number of new wallets per week

LUNA’s crash story:

Terra USD is an algorithmic stablecoin, which means that its peg to the US dollar was ensured by algorithms and game theory, using a series of smart contracts to keep the price at $1.

When UST depegged from the USD on 9 May, UST redemptions massively inflated LUNA supply, driving the price down by 99%. The UST crash happened as the algorithms could not keep up, forcing the Luna Foundation Guard and its governance team to sell their bitcoin reserves to save the stablecoin.

BTC dropped to $27,000 and wiped out nearly $400bn of the total cryptocurrency market value over the May period.

Transaction success rate

Whales activity:

My definition for whales is who transfers more than $0.5M in one transaction.

Blue colors are whales and orange colors are users.

Only considered LUNA token.

Number of transactions

In this part, I show the total transaction count (whether successful or failure).

LUNA volume of transactions

Block age

References:

LUNA 2.0:

Almost three weeks after the Terra blockchain collapsed and TerraUSD lost its peg to the dollar, a new iteration of the Terra blockchain is set to launch, dubbed Terra 2.0 or Luna 2.0. A new Luna coin will also be minted in the process.

Tweet link

• The number of weekly transactions has gradually decreased from 100K to 55K. Of course, we will see in the following what percentage of these transactions were successful.
• There is a spike in the weekly chart during the first week of Jun. The number of transactions was more than 180K.
• The total number of transactions so far is ~1.7M.
• The average number of transactions per week is ~58K.

• The number of daily LUNA volume decreased at first but since Sep increased and then decreased again.
• There is a spike in the weekly chart during Sep 5th. The volume of transactions was more than 40M.
• Total LUNA volume of transaction so far is ~0/73B.
• The average LUNA volume of transactions per week is ~25M.

• More than 60% of the volume of the swap are related to whales (Whether buying or selling).
• ~50% of the number of buy transactions are related to whales and only ~20% of sell transactions are related to whales.
• Although the number of transactions of whales is less, but due to the high volume of transactions, they have a decisive power.
• The prefer of whales between buy or sell is close together in terms of the volume of transactions but the story change in terms of the number of transactions. The prefer to buy based on the number of whales transaction.

Info

• Author: Kiana
• Discord: kiana#4574
• Twitter: @kiacrypto1

Fee of transactions

Number of transactions per second

Number of active wallets

Number of new wallets

• The number of weekly active wallets has gradually decreased from 60K to10K.
• There is a spike in the weekly chart during the first week of Jun. The number of active wallets was more than 75K.
• The total number of active wallet so far is ~210K.
• The average number of active wallets per week is ~15K.

• The number of weekly new wallets has gradually decreased from 60K to1K.
• There is a spike in the weekly chart during the first week of Jun. The number of new wallets was more than 66K.
• The average number of new wallets per week is ~7.2K.