🔥🔥🔥 *112M USDC Burned!* 🔥🔥🔥
*112,007,926USDC* (≈$111.99M) was just *burned* by the *USDC Treasury* 🏛️💥
🧠 *What does it mean?*
- Burning = *removal from circulation* 🔄
- Likely someone *redeemed USDC for USD*, reducing supply 🏦
- Happens often when large entities *exit stablecoin positions*
📉 *Why it matters:*
- Can signal *reduced demand* for USDC or capital rotation into *riskier assets* (like BTC, ETH, or alts) 📊
- Lower USDC supply = slightly *deflationary effect* on its ecosystem
- May indicate *OTC activity*, big moves ahead 👀
🔎 *Keep an eye* on where this money flows next! 💸🚀