🎄 Cryptonary Christmas Sale! 50% OFF. Save $500 Now Only ⏰ : 1d 0h 18m 1s
How Delphi Ventures entire LUNA portfolio was reduced to ashes
The crash of the Terra ecosystem left many stunned, and it seems that we have another victim for the same. Delphi Ventures, the funding arm of cryptocurrency research firm Delphi Digital released a report confirming that the firm lost all its investment in LUNA after the price crash a few days ago.
Delphi Ventures did not sell any LUNA
According to a recent blog post, Delphi Ventures has lost an investment of $10 million on LUNA and "are currently sitting on a large unrealized loss." The firm first invested in LUNA in the secondary market in Q1 2021 and has since then increased its holdings."Even at LUNA's peak price this year, LUNA and other Terra assets made up only ~13% of NAV across Delphi Ventures. On a deal-count basis, less than 5% of Ventures' total number of deals were in companies or protocols related to the Terra ecosystem," said the blog post.Despite losing a huge chunk of investment and time, the firm remains positive as it is a fully self-funded company.
Pantera Capital saves itself
On the other hand, it is important to note that a tweet from Joey Krug, co-chief investment officer at Pantera Capital, the largest crypto hedge fund in terms of Asset Under Management, had confirmed that the firm invested in LUNA before the launch of UST and was able to sell 80% of its holdings in profit. Interestingly, 2/3 of the remaining 20% was sold at an average price of $25.6, while the remaining was staked via LUNAX, which the firm was unable to redeem."We managed that position down over time as it became increasingly profitable/large in order to maintain a diversified portfolio. We initially invested in LUNA because of the progress we saw in developer adoption, the payments usage, and the broader ecosystem being built on Terra," Krug added.The Terra crash has become one of the biggest disasters in the world of cryptocurrencies and finance. As a result, South Korea is determined to investigate the Terraform Labs, and its co-founder, Do Kown.
Continue reading by joining Cryptonary Pro
$997 $497/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
As a Cryptonary Pro subscriber, you also get:
3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
3X Value Guarantee
If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the 3X Value Guarantee work?
We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.
Recommended from Cryptonary
