Abraxas Capital redeemed $91.22 million USDDe from Ethena in the past week

According to Ai Yi, an on-chain analyst, three addresses of Abraxas Capital Mgmt redeemed $91.22 million USDe from Ethena in the past week, and its fund volume ranked first among the redemption addresses. It is reported that there is only one week left before the end of Ethena's second quarter airdrop event (September 2). The current Ethena TVL is $2.92 billion, which has fallen below $3 billion, and has lost more than $600 million from the TVL peak of $3.612 billion in early July.