#Fud 😡😡

The Ronin bridge has been exploited for 173,600 #Ethereum and 25.5M #USDC.

❗️Be careful with #USDT. Signs of slight depeg. We moved money into #USDC and #BUSD.

🚨 WAR on StableCoins :

- First Staking
- Then Paxos' #BUSD

Stablecoins might be categorized as securities if they provide staking and some other services to US Customers.

So there is possibility of SEC's next target are other stablecoins like #USDC, #USDT and #GUSD.

War going on unregulated stablecoins/securities. Banning these might help SEC to regulate industry via USD.

Also #Binance CEO said: Crypto industry will probably move to non-dollar stablecoins.

If #SEC attacks other stablecoins then find an another place to park money. (Probably Bitcoin will pump hard initially as ultimate safe heaven)

The total amount of #BUSD that is held in exchange reserves has dropped from $14.3B to $11.3B, representing a fall of 21% or $3B.

In terms of market capitalization, #USDT and #USDC have absorbed the majority of the value lost.

2.65B #USD Coin supply has been redeemed for the past 24 hours.

There's a lot of FUD going on with #USDC, #DAI, #USDD De-peg As #SVB Crisis Deepens.

A smart whale who made ~$2.5M during #USDC depegging is long $ETH on #Aave.

Today, this whale:

- Exchanged a total of 7,169 $ETH for 7,169 $stETH.
- Deposited 7,169 $stETH into #Aave.
- Borrowed 8.45M $USDT.
- Deposited 8.45M $USDT to #Binance (possibly buying $ETH).

The whale deposited 28,755 $stETH($52M) to #Aave and borrowed 36M $USDT in total.

The health rate is 1.2.

It will be liquidated when the price of $ETH decreases by 20% (~$1,511).

During the #USDC depegging, the smart whale exchanged a total of 66.6M $USDT for 69.2M $USDC.

Then exchanged $USDC for $USDT when $USDC returned to the peg in April.

Made a profit of ~$2.5M!

Address: https://debank.com/profile/0x171c53d55b1bcb725f660677d9e8bad7fd084282

A whale sold 4,500 $ETH for 8,365,157 $USDC at a price of $1,859 13 hrs ago.

The whale once swapped 13,000 $ETH for 20.13M $USDC at $1,548 during the #USDC depegging.

https://debank.com/profile/0xd85351181b3f264ee0fdfa94518464d7c3defada/history

Hashkey spent 7.47M $USDT to buy 4,578 $ETH at $1,643 from #Binance during the #USDT depegging yesterday.

Hashkey is very smart on $ETH.

Bought 1,747 $ETH ($2.5M) at $1,431 during #USDC depegging.

Sold 3,540 $ETH ($7.4M) at $2,091 at the highest price point of this year.

Address: https://etherscan.io/address/0x760484042a7856e62b627318796ebb609c8131a1