X @Lookonchain

Market Dynamics - USDX depegged to $0.3887 [1] - A whale spent 800K $USDT to buy 933,241 $USDX at $0.8572 after noticing the depeg [1] Investment Opportunity - The whale added to the 1.4M $USDX he bought a week ago, all submitted for redemption [1] - If redemption succeeds, the whale will net around $135K in profit [1] Risk Assessment - Redemption has not yet successfully redeemed after 3 hours [1]