Post
Profit Block
đš $110.5M USDC REDEEMED TO FIAT đ”
Are Institutions Leaving the Market?
A massive 110,557,636 USDC (~$110.58M USD) transaction was just tracked on the Ethereum blockchain, transferred from an unlabelled wallet directly to the USDC Treasury.
Watch if this capital re-enters the market via CEX inflows or fresh minting in the coming days.
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