Whale Alert
250M $USDC (249.9M USD) has been minted at the USDC Treasury.
250M $USDC (249.9M USD) has been minted at the USDC Treasury.
The minting of $USDC at the USDC Treasury typically supports liquidity and demand for the stablecoin in the market.
Minting $USDC increases the overall supply in circulation, which can affect its value and availability for trading.
Stories our editors think pair well with this one.
853 $BTC (≈50.2M) moved from Coinbase Institutional to unknown wallet.
874 $BTC (≈51.1M) moved from unknown wallet to Coinbase Institutional.
The modeled share price floor is $1.01 with BTC per share compressed from 138,161 sats to 7,884, and the claim ratio nearly doubles as 115,727 BTC get liquidated to service debt.
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The purchase is small relative to the 876,285 ETH treasury, but the resume of accumulation after a long pause matters more than the size of the single transfer.
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Catch up on earlier coverage from this beat.
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Index inclusion on June 29 hands SharpLink passive buying from the cohort of funds benchmarked to small-cap US equities — and validates the Ethereum-treasury thesis in front of a TradFi audience that…
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