USDC Treasury has completed a large-scale asset burn operation. According to on-chain data, this burn involved 100 million USDC tokens, corresponding to approximately $99,991,300. Large-scale burn events like this often attract market attention and impact the stablecoin supply and market liquidity dynamics. Monitoring significant on-chain asset movements is crucial for understanding cryptocurrency market trends — it reflects project teams' strategic adjustments and changes in market expectations.
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EntryPositionAnalyst
· 2h ago
With such a large-scale burn, is Circle trying to make a move?
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BlockchainArchaeologist
· 2h ago
100 million USDC just burned like that? What big move is Cicle planning?
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TestnetScholar
· 2h ago
100 million U just gone? Circle's move is a bit ruthless, the stablecoin market is about to be reshuffled again.
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ChainWatcher
· 2h ago
100 million USDC directly burned, this move is a bit aggressive.
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LowCapGemHunter
· 2h ago
Burn 100 million USDC? The stablecoin market is about to be reshuffled.
USDC Treasury has completed a large-scale asset burn operation. According to on-chain data, this burn involved 100 million USDC tokens, corresponding to approximately $99,991,300. Large-scale burn events like this often attract market attention and impact the stablecoin supply and market liquidity dynamics. Monitoring significant on-chain asset movements is crucial for understanding cryptocurrency market trends — it reflects project teams' strategic adjustments and changes in market expectations.