Stablecoin burn: 50 million USDC (Ethereum).
A stablecoin burn usually means funds are leaving, which is a short-term negative for liquidity. However, the impact of a single event is limited; what matters is whether it continues.
$BTC Current price: 83696.13. What do you think will happen next?
#BTC
A stablecoin burn usually means funds are leaving, which is a short-term negative for liquidity. However, the impact of a single event is limited; what matters is whether it continues.
$BTC Current price: 83696.13. What do you think will happen next?
#BTC