Stablecoin burn: 90.1 million USDC (Ethereum).
Stablecoin burns usually indicate funds are exiting, which is a negative for short-term liquidity. However, the impact of a single event is limited; what matters is whether it continues.
$BTC Current price: 83491.73. Describe your current view in one word?
#BTC
Stablecoin burns usually indicate funds are exiting, which is a negative for short-term liquidity. However, the impact of a single event is limited; what matters is whether it continues.
$BTC Current price: 83491.73. Describe your current view in one word?
#BTC