This seems pretty sus. Can someone smarter than me explain what’s happening with @elixir rn? I’m seeing on-chain movement from Elixir: 1) swapping USDS for USDT, sending it to other wallets, redeeming their usds for USDT, repaying loans (with deUSD as collateral), arbitraging their USDT on Curve for deUSD and redeeming it Are they dumping and exiting all positions before a further depeg? 👀

@elixir repaying their loans and spreading funds across a ton of different addresses, idk hope someone can explain to me what's going on