Is the ammo pulling back? 50 million USDC burned on Ethereum.
Stablecoin burns indicate funds are being redeemed for fiat and exiting the market. Watch for weakening buying pressure.
$BTC Add it to your watchlist first.
Changes in liquidity often show up first in the stablecoin supply.
Stablecoin burns indicate funds are being redeemed for fiat and exiting the market. Watch for weakening buying pressure.
$BTC Add it to your watchlist first.
Changes in liquidity often show up first in the stablecoin supply.
