FRAX has been interesting lately. A couple of days ago, I was trading independently on its own trend, but today it experienced a daily-level decline. Looking at this movement, it's likely that they are starting to offload their holdings.

I've already taken a small short position and am waiting to see how it develops. By the way, the recent operations with XNY and AIA are still at a loss. I wonder if anyone is planning to reverse their position and buy the dip? These small tokens tend to be quite volatile, with risks and opportunities coexisting.