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.
