During this FDUSD decoupling, I ran away at the first moment, those with good brains went for arbitrage
1️⃣ Staked and borrowed FD on Binance, sold it to short. When the news just came out, the losses were limited, but the profit potential was large.
2️⃣ Sold from BN to the Sui chain within a few minutes; the on-chain price hadn't been impacted yet.
A mind for arbitrage really works well!
However, both trades require a considerable amount of principal for the profits to be worthwhile, needing quick reflexes and extremely high comprehensive judgment.
