Upbit Operator Dunamu Investment Subsidiary Converted All of Its $LUNA to Bitcoin Last February

The South Korean crypto exchange Upbit posted a note about the investment in $LUNA by the operator's Dunamu investment subsidiary, Dunamu & Partners, which acquired 20 million $LUNA on April 20, 2018 and converted all $LUNA into 2,081.85 bitcoins on February 19, 2021 at a price approximately 25% below market price. Excluding taxes paid and the amount invested, the current unrealized gain is approximately 41 billion KRW (approximately RMB 220 million).