Circle burned 72.98 million USDC on Ethereum.
My approach to stablecoin data is: a single burn is just a clue; look at the cumulative trend over a week. Sustained burns alongside declining stablecoin balances on trading platforms are more indicative of liquidity being withdrawn.
$BTC Current price: 76852.02. Anyone who knows about this care to weigh in?
My approach to stablecoin data is: a single burn is just a clue; look at the cumulative trend over a week. Sustained burns alongside declining stablecoin balances on trading platforms are more indicative of liquidity being withdrawn.
$BTC Current price: 76852.02. Anyone who knows about this care to weigh in?
