Ethena USDe sees massive inflows amid Restaked Ethereum fallout, signaling strong staking demand in crypto's #24 market cap asset despite recent panic.

According to Ai 姨 (@ai_9684xtpa), since the Bybit security breach, Ethena USDe's derivative hedge positions on Bybit have decreased from 21% to 14%, with ETH hedge positions seeing the most significant drop of 65%. In the past 24 hours, an Ethena-associated address withdrew 22.64 million USDe from Bybit. This information was sourced from intel.arkm.com/explorer/addre… and sponsored by #Gateio.