USDCs
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Circle’s USDCs Redeem: The Decrease in USDCs Circulation
According to reports, from April 20th to April 27th, Circle issued a total of $700 million in USDCs and redeemed $1.1 billion in USDCs, resulting in a decrease in circulation of ap
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The Destruction of USDCs: What It Means for Investors
On April 21st, according to WhaleAlert monitoring, at 2:15:23 Beijing time, 3101062793 USDCs (worth approximately $101179481) were destroyed in the USDC Treasury.
USDC Treasury des -
Giant Whale Addresses Trade USDCs to MATICs with an Average Purchase Price of $1.17
On April 17th, according to spotonchain monitoring, giant whale addresses starting with 0x3d3 will trade 1.84 million USDCs to 1.57 million MATICs in 1 inch, with an average purcha
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Ethereum-based Stablecoins Witness Fall in Supply: Reasons and Impacts
According to reports, The Block data shows that the supply of USDCs on Ethereum has dropped by over $10 billion compared to the beginning of the year, and is currently around $30.8
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Cosmos Ecotoken Protocol Noble Partners with Circle to Bring Native USDCs to Cosmos and Inter Blockchain Communication (IBC) Ecosystem
On March 28th, the Cosmos Ecotoken Protocol Noble partnered with Circle to introduce native USDCs into the Cosmos and Inter Blockchain Communication (IBC) ecosystem. In an intervie
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Smartest Money Transfers $14 Million Worth of ETH to Binance
According to reports, according to Lookonchain monitoring, a Smartest Money transferred 7868 ETHs (valued at approximately $14 million) to Binance two hours ago. Before FTX suspend
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Sun Yuchen Moves $351.6 Million USDCs to Coinbase, Resumption of Conversion Boosts Confidence in Cryptocurrencies
On March 16th, according to Lookonchain monitoring, Sun Yuchen has transferred 351.6 million USDCs to Coinbase after Coinbase resumed the conversion of USDCs to US dollars. Sun Yuchen has transferred over 350 million USDCs in total after recovering the conversion between USDCs and US dollars in Coinbase Analysis based on this information:The cryptocurrency market is ever-evolving, and recent developments have shown that conversion is crucial to the adoption of digital assets in the mainstream. On March 16th, the monitoring agency Lookonchain reported that Sun Yuchen, a prominent figure in the crypto world, had transferred a whopping 351.6 million USDCs to Coinbase, following the platform’s resumption of conversions of the stablecoin to US dollars. Sun Yuchen, the founder of Tron, BitTorrent, and Poloniex, is best known for his savvy business moves in the industry. This transfer indicates that Yuchen is bullish on USDCs and the potential for cryptocurrencies to become a widely-accepted means of payment. Moreover, it signals investor confidence and…
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PulseX and PulseChain shift to stablecoins as safe haven amidst Market Volatility
It is reported that according to the data disclosed by the chain analyst @ Lookonchain, PulseX and PulseChain have converted 260.14 million USDCs into 25852 DAIs, of which Pulsechain has converted 155 million USDCs into 153.7 million DAIs, while PulseX has converted 105.14 million USDCs into 104.82 million DAIs. PulseX and PulseChain converted more than 260 million USDCs into DAI Analysis based on this information:The cryptocurrency market has always been highly volatile, causing investors to be cautious when making investment decisions. However, amidst the current unpredictability in the cryptocurrency world, PulseX and PulseChain have both decided to shift towards stablecoins. These stablecoins are less risky and help protect against the extreme fluctuations of the cryptocurrency market. According to the chain analyst @ Lookonchain, PulseX and PulseChain have converted 260.14 million USDCs into 25852 DAIs. This has been seen as a safe haven for these two cryptocurrencies amidst the market volatility, as it minimizes the sudden and unexpected losses that cryptocurrency…
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A Massive Whale Transfer of USDCs to DAI
According to the report, according to ASvanevik, an observer on the chain, according to Nansen data, a giant whale transferred 25 million USDCs from PulseX Sac…
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Interpretation:Whale Site offloads USDCs
It is reported that according to the data monitoring of Lookonchain, a giant whale site that previously held 120 million USDCs sold another 44.81 million USDCs…
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Sun Yuchen Redeems USDCs and Transfers to Coin An Exchange from Venus
It is reported that according to Paidun data, the address marked as Sun Yuchen redeemed 1 million USDCs linked to Coin An from Venus, and then transferred the …
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Sun Yuchen Shifts Huge Amount of Funds from Aave V2 to DAI Tokens
On March 11, according to Paidun monitoring data, Sun Yuchen extracted 82 million USDCs from Aave V2 and converted them into DAI. After Sun Yuchen\’s address, 1…
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Significant Reduction of USDCs by Circle, Coinbase and Jump Crypto
On March 11, according to PeckShield Alert data, Circle destroyed 2.7 billion USDCs in the past 24 hours, and Coinbase (at least 1.78 billion) and Jump Crypto …
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Balvi Filatrapic Foundation Donates 15 Million USDCs to UCSD for Aerosol Research
On March 7, the Balvi Filatrapic Foundation recently donated 15 million USDCs to the University of California, San Diego, to fund the open source research of a…
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Justin Sun transfers 49 million USDCs to Aave V2
It is reported that PeckShieldAlert monitored that the address marked Justin Sun on the chain extracted about 49 million USDCs from Binance and stored them in …
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Anonymous Wallet Transfers Huge Sum to Alameda Research
On February 28, it was reported that the monitoring data on the 0xScope chain showed that the anonymous wallet 0x71 had just sent 23729385 USDCs to the address…
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Voyager sells assets through Coinbase
On February 26, Lookonchain tweeted that Voyager seemed to be selling assets through Coinbase. We note that Voyager has received 100 million USDCs from Coinbas…