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USDX has now unpegged to $0.3887, with a whale spending 800,000 USDT to "buy the dip" but has not succeeded in redeeming it yet.
By: theblockbeats.news|2025/11/07 00:45:51
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BlockBeats News, November 7th, according to LookIntoChain monitoring, USDX has deviated from its peg to $0.3887. Whale address 0xe454 noticed the deviation and spent 800,000 USDT to purchase 933,241 USDX at an average price of $0.8572 per USDX. This is their second purchase of USDX after buying 1.4 million USDX a week ago, and all tokens have been submitted for redemption.
If the redemption is successful, they expect to make a profit of about $135,000. However, as of now, 3 hours have passed, and the redemption has not yet been completed.
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