Terra’s Do Kwon expects that the non-profit’s Bitcoin holdings will eventually reach $10 billion, which will easily make it the largest single-wallet holder of the flagship cryptocurrency.
The top cryptocurrency is currently trading at $36,479 on the Bitstamp exchange after crashing more than 8% within a single day on Thursday.
Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption.