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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.

2 hours ago

On November 7th, as per the monitoring of LookOnChain, USDX has deviated from its peg to $0.3887. The whale address 0xe454 noticed this 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 the tokens have been submitted for redemption. If the redemption is successful, they anticipate making a profit of approximately $135,000. However, as of now, 3 hours have elapsed and the redemption has not been completed yet.
Relevant content

Google Finance will integrate Kalshi and Polymarket prediction market data

On November 7th, as per official channels, Google Finance is set to introduce support for prediction market data from Kalshi and Polymarket. This enables users to pose queries regarding future market events. Once entered into the search box, they will be able to access the current market probabilities and observe how these probabilities have evolved over time. The prediction market data will be made available in the forthcoming weeks.

20 minutes ago

Polymarket has announced that its prediction market odds will soon be integrated into Google.

On November 7th, Polymarket tweeted that the prediction market odds of it are about to be integrated into Google.

20 minutes ago

Federal Reserve Harker: Given Inflation Situation, Another Rate Cut by Fed Not Obvious

On November 7th, Federal Reserve's Harker stated, "Considering the inflation situation, it is not clear whether the Fed should cut interest rates again." (O'Clock)

20 minutes ago

「Buddy」 added to their ETH long position, increasing it to 3000 coins. The current liquidation price is $3199.31.

On November 7th, as per the monitoring of LookOnChain, the "buddy"'s long position in ETH was liquidated partially once again. Subsequently, he deposited 262,500 USDC into Hyperliquid in order to increase the long position in ETH. Current Position: 3,000 ETH ($9.81 million) Latest Liquidation Price: $3,199.31

20 minutes ago

Nasdaq Extends Losses to 2%, Nvidia Down 3.43%

November 7th: The Nasdaq declined by 2%. Tesla (TSLA.O) saw a decrease of 5.78%. Intel (INTC.O) dropped by 3.95%. NVIDIA (NVDA.O) fell by 3.43% (Oriental Wealth).

20 minutes ago

JPMorgan Chase CEO: Rather Than Miss Out, Get Involved in Stablecoin Trading

On November 7th, Jamie Dimon, the CEO of JPMorgan Chase, stated, "Rather than being left out, engage in stablecoin trading." (Golden Ten)

20 minutes ago