A whale redeemed 11.23 million USD0++ in 15 hours, losing nearly 1 million USD

PANews reported on January 15 that according to @ai_9684xtpa monitoring, the whale address 0x0cc...066f8 redeemed 11.23 million USD0++ through two exit modes in the past 15 hours, with a total loss of approximately US$999,000, equivalent to an exit at a 9.1% discount. The specific operations include:

  1. Directly exchange 4.8 million USD0++ to USD0 through Curve, with a discount of about 9.11%;
  2. The remaining 6.43 million USUALs were redeemed through the official withdrawal channel of Usual, but 1.042 million USUALs were confiscated as a penalty, with a discount of about 9.12%;
  3. When the redeemed USD0 is converted into USDC, an additional wear and tear of approximately 0.7% is generated.
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Author: PA一线

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