Abraxas Capital Redeems $91.22 Million USDe from Ethena in the Past Week
According to chain analyst @ai_9684xtpa's monitoring, there is only one week left until the end of Ethena's Season 2 airdrop campaign (September 2), and the Ethena TVL currently stands at $2.92 billion, which has fallen below $3 billion and is a loss of more than $600 million from the TVL peak in early July ($3.612 billion). Abraxas Capital Mgmt's three addresses have redeemed $91.22 million in USDe from Ethena over the past week, ranking it first among redeeming addresses in terms of volume of funds.
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