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Don't remind me again today

USDX just crashed to $0.3887. Some might panic. Others? They see opportunity.



A bold whale (address 0xe454) didn't hesitate — dropped 800K USDT to scoop up 933,241 USDX at $0.8572 the moment depeg hit. Not his first rodeo either. He'd already grabbed 1.4M USDX a week back. All of it? Queued for redemption.

The math looks tempting: if redemption goes through, he's walking away with roughly $135K profit. Clean arbitrage play.

But here's the catch — "if" is doing heavy lifting in that sentence. Redemption success isn't guaranteed when a stablecoin's trading at 60% off peg. Protocol solvency questions loom large. Is this genius-level risk calculation or catching a falling knife?

Time will tell whether this whale's conviction pays off or becomes a cautionary tale.
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OPsychologyvip
· 11h ago
Leverage players are back at it.
View OriginalReply0
BlockchainGrillervip
· 11h ago
Wow, you're really showing your gambling dog nature.
View OriginalReply0
LightningAllInHerovip
· 11h ago
Just a simple shuttle is enough.
View OriginalReply0
BearMarketMonkvip
· 11h ago
Once again, the bagholder gets burned.
View OriginalReply0
ValidatorVikingvip
· 11h ago
battle-hardened validator. seen too many depegs to count. risk metrics or gtfo.
Reply0
DeFiAlchemistvip
· 11h ago
*adjusts yield goggles* fascinating transmutation of risk here... pure financial alchemy at its finest
Reply0
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