$USDC 🔥 *Massive USDT Burn Alert* 🔥
Two large burns of Tether (USDT) have just occurred:
🚨 *64.7M USDT* burned
🚨 *87.4M USDT* burned
🧾 Total: *152M+ USDT* removed from circulation
📍 Both from *unknown wallets*
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💡 *What does this mean?*
🔥 *Burning USDT = removing it from circulation*, often indicating:
- A *redemption by institutions* or exchanges (USDT exchanged for USD) 💼🏦
- *Supply control* by Tether to balance demand and prevent excessive inflation 🧠💵
- Possible *on-chain restructuring* or preparation for large movements