Is the firepower pulling back? 50 million USDC burned on Ethereum.
Stablecoin burns suggest funds are being redeemed for fiat and exiting. Watch to see whether buying pressure in the market weakens.
$BTC is worth watching closely.
A single burn has limited impact; a sustained trend is more meaningful.
#BTC
Just chatting—don’t take this as advice.
Stablecoin burns suggest funds are being redeemed for fiat and exiting. Watch to see whether buying pressure in the market weakens.
$BTC is worth watching closely.
A single burn has limited impact; a sustained trend is more meaningful.
#BTC
Just chatting—don’t take this as advice.