🐋 Is the ammunition pulling out? 50 million USDC burned on Ethereum.
Stablecoin burns indicate funds are being redeemed for fiat and leaving the market. Watch to see whether buying pressure weakens.
$BTC is worth a closer look.
Marginal shifts in liquidity often show up first in stablecoin data.
Stablecoin burns indicate funds are being redeemed for fiat and leaving the market. Watch to see whether buying pressure weakens.
$BTC is worth a closer look.
Marginal shifts in liquidity often show up first in stablecoin data.