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Ethena Stable Coin USDe single-day redemption hits a record high of 2.68 billion dollars
DeepFlow TechFlow news, on March 3, according to Dune data, Ethena Stable Coin USDe experienced the largest single-day redemption in history on March 1, with a total value of $268 million, reducing the total circulation of USDe by about 4.7%.
The data shows that this redemption activity is mainly driven by two large holders: address 0x59...705d redeemed about 180 million USDe, while Sky redeemed about 70 million USDe.