๐ฅ 60M USDC Burned โ Big Money on the Move?*
๐จ *USDC Treasury just burned 60,000,000 USDC* (~$59.98M) โ a major on-chain signal ๐ธ๐ฅ
๐ก *What it means:*
When USDC is burned, it means someone redeemed that amount for real USD. This is usually a *big player or institution* exiting stablecoins and possibly rotating into other assets ๐ฆโก๏ธ๐ต
๐ *Market Implications:*
- ๐ข Could be *bullish* for crypto like *BTC/ETH* โ capital may be flowing back into risk assets
- ๐ Signals a shift in liquidity or large portfolio rotation
- ๐ *Whale activity* likely involved โ these arenโt retail moves
๐ฎ *Prediction:*
If more USDC burns follow and volume flows into majors, expect a fresh *wave of buying pressure* and strong upside momentum in the coming days ๐๐
Stay sharp โ the money's moving.
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