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USDT rather than lifting the overall market. Ethena's USDe has been the hardest hit, dropping 28% over
rival. The sharpest structural story sits with Ethena's USDe, down 28% in the past month and nearly
dedicated institutional-grade lending market for USDe, Ethena's synthetic dollar, built on Solana. The market is designed…specifically to attract institutional capital seeking yield on USDe without exposure to Jupiter Lend's broader liquidity layer
220M $USDC (≈219.9M) moved from #Paxos to #Ethena
205M $USDC (≈205M) moved from #Ethena to #Paxos
everyone is leaving. Major assets including Ethena's USDe, Etherfi's weETH, and Bitgo's WBTC
310M $USDC (≈310M) moved from #Ethena to unknown wallet
222M $USDT (≈222M) moved from #Ethena to unknown wallet
WuBlockchain
TheBlock
Whale Alert