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Atypical USDT depeg

@mtkachuk
1 min read
07.08.2023
USDT
Age consumed of USDT on ETH chain

You can see that during all major USDT depegs in the past, there were massive spikes of Age Consumed, meaning a lot of previously dormant coins got moving on-chain. But this time it's quieter than even, no major movements can be noticed. What could be the reason behind this lack of movement? Is no-one interested in capturing some arbitrage?

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