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![AmitFlux Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1476019637854691331.png) Amit S [@AmitFlux](/creator/twitter/AmitFlux) on x XXX followers
Created: 2025-07-17 06:21:30 UTC

5️⃣ The Collapse Begins📉

In early May 2022:
A massive amount of UST (around $2B) was withdrawn from Anchor.
UST started losing its $X peg.
Panic spread like wildfire.
As UST dipped to $0.98… then $0.95… whales began dumping even more.
Retail followed.

Everyone tried to exit🏃

![](https://pbs.twimg.com/media/GwCfoQQaQAAUduc.jpg)

XX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945730561433342244/c:line.svg)

**Related Topics**
[whales](/topic/whales)
[peg](/topic/peg)
[$2b](/topic/$2b)
[amit](/topic/amit)

[Post Link](https://x.com/AmitFlux/status/1945730561433342244)