🚨 USDC is undergoing a major asset migration between Ethereum and Solana!
💸 The USDC treasury has conducted a large operation to move funds between blockchains:
🔹 69.8 million USDC issued on Ethereum
🔹 The same amount of tokens destroyed on Solana
📊 Whale Alert reports that this is a standard liquidity redistribution procedure. The operation confirms the active work of merging networks and balancing resources.
📉 Despite the scale of the transfer, the USDC exchange rate remained stable at 0.9996, while Solana and ETH showed a slight decline.
🔍 Institutional players continue to utilize multi-chain infrastructure to manage assets as efficiently as possible.
