Here’s how traders capitalize on crypto market crashes and liquidations

elenahoo
Jan 22, 2022

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Everyone’s a genius trader during bull markets, but there are also ways to generate profits during bear trends. Kujira’s Orca protocol is a platform built on the Terra network and it allows investors to bid on bETH (bonded asset of Ether) and bLUNA (bonded asset of LUNA) at a discounted price when the at-risk collateral is liquidated.

In the December crash, bidders could purchase bETH and bLUNA up to 11–12% discount on Kujira Orca. For more details on how to bid these assets, read my latest article on CoinTelegraph here.

Kujira Orca home page demo. Source: Kujira Litepaper

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elenahoo
elenahoo

Written by elenahoo

Specialise in AI and DeFi analytics & modelling. You can DM me for questions or discussions on Twitter @elenahoolu

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