๐จ๐ฅ *Massive USDC Burn Alert โ Just 1 Hour Ago!*
In total, over *$162 million* worth of *USDC* was *burned* at the USDC Treasury:
๐น *50.9M USDC*
๐น *57.7M USDC*
๐น *53.6M USDC*
๐ฅ Thatโs a huge reduction in supply in a very short time frame.
๐ง *Why does this matter to traders?*
- *USDC burns = reduced circulating supply*, usually linked to *redeeming stablecoins for USD*
- Could indicate *large players exiting stablecoins and rotating into crypto assets like BTC, ETH, or SOL* ๐
- Signals *market confidence* โ stablecoin burns often come *before price surges* when capital moves back into risk assets ๐
๐ *What to watch now:*
- Increased *buy pressure* on majors & alts
- Whales making moves โ follow the money ๐ณ
- This could be a *bullish signal* that the market is gearing up for its next leg up
Traders โ *donโt sleep on stablecoin activity*, it often *leads the market* ๐๐ธ
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