250M $USDC (250.1M USD) has been minted at the USDC Treasury.
Whale Alert
250M $USDC Minted at USDC Treasury
250M $USDC (250.1M USD) has been minted at the USDC Treasury.
More from Markets
Stories our editors think pair well with this one.
XRP Rally Could Trigger a 115M-Token Short Squeeze
The CFTC breakdown cannot distinguish outright bearish bets from hedges, but the 115.7M XRP-equivalent leveraged-fund short contrasts with net longs from dealers and asset managers.
Crypto Funds Pull In $3.2B, Biggest Inflow Since Oct 2025
The milestone gives investors a direct read on institutional demand and broader risk appetite, with sustained flows the key test for the risk-on signal.
ETH Trader Opens $102M 10x Long With $1M Paper Gain
The $1M paper gain puts the trade in profit, while 10x leverage makes its bullish ETH exposure highly sensitive to price reversals.
cirBTC Holds Just 40 BTC as WBTC Nears 116,000
The institutional plumbing is built. The market isn't there. WBTC and cbBTC sit at 116K and 98K BTC respectively, exposing a 2,900x scale gap no trust charter alone can close.
Cloud Providers Capture $35–40 per $100 of AI Revenue
AI monetization extends beyond model makers, giving the infrastructure layer a measurable role in operating earnings.
BitGo Buys NYDIG Trading Arm for $42.5M Upfront
BitGo inherits revenue scale but no disclosed margin on the acquired unit. NYDIG inherits a multi-gigawatt power ambition and the obligation to turn claimed footprint into returns.
Older in Markets
Catch up on earlier coverage from this beat.
Ethereum OG dumps $188M before crash, buys back $155M lower
The swing captured roughly $33M of paper alpha on $188M of pre-crash supply — a textbook top-tick distribution from a long-dormant wallet that the market read as a signal in real time.
Bitcoin Climbs 10% as CLARITY Act Heads to Tight Senate Window
Bitcoin has climbed about 10% in July, but the rebound rests on a bill that has cleared House and Banking Committee yet still has no floor time, no cloture vote, and an ethics fight over Trump's…
Bitcoin Stalls Below $78K as ETF Outflows and Long Liquidations Cloud Recovery Outlook
Bitcoin's latest relief rally has run into a wall below the $78,000 level, with the price action cooling sharply as the…
999 $BTC Transferred from Coinbase Institutional to unknown new wallet
999 $BTC (≈67.5M) moved from Coinbase Institutional to unknown new wallet.
MARA buys 1,000 BTC via FalconX after $1.5B Q1 sell-off
MARA appears to have bought 1,000 BTC (~$66.7M) via FalconX, a sharp reversal from Q1 2026, when the miner sold 20,880…
BTC climbs to $80K as S&P 500 call options hit record $2.6T
Record bullish bets on the index nearly match the entire crypto market cap at $2.73T — a positive correlation tailwind for bitcoin, but a crowded trade one sentiment shift away from reversing.