South Korean Crypto Trading Platform Upbit Places $LUNA in Cautious Investment Program

South Korean crypto trading platform Upbit announced that it has added $LUNA to its cautionary investment program. The official said that it has been monitoring the price fluctuations and algorithm operation of $LUNA and $UST, and believes that the sharp liquidity and market fluctuations of $LUNA may cause unexpected losses to investors while the above-mentioned issues remain unresolved. Upbit will then conduct a detailed review to determine whether to extend, release the hold or terminate trade support, and the platform still supports access to $LUNA for now.