🔥🔥 69,801,539 USDC (≈69.78M) just BURNED at the USDC Treasury! 🏛️💨
This reduces the total supply — potentially bullish for $USDC’s peg strength and broader market stability 🧭
*What it means:*
- Big redemptions likely → investors converting USDC back to fiat 💵
- Could signal profit-taking or a shift in capital allocation 📉➡️📈
- In a volatile macro environment, this kind of move shows confidence in liquidity and exit options 🚪
Keep an eye on on-chain flows — another wave of rotation could be coming! 👀💹
