Is the dry powder pulling out? 50 million USDC burned on Ethereum.
Stablecoin burns suggest funds are being redeemed for fiat and exiting the market. Watch for signs that buying pressure is weakening.
$BTC — consider adding it to your watchlist.
Stablecoin data is more reliable when compared with exchange balances.
#BTC
Stablecoin burns suggest funds are being redeemed for fiat and exiting the market. Watch for signs that buying pressure is weakening.
$BTC — consider adding it to your watchlist.
Stablecoin data is more reliable when compared with exchange balances.
#BTC
