USDC Treasury destroyed 55 million tokens, removing over 54 million USD from circulation.

HashBandit

2025-12-02 02:00:15

[CoinWorld] Just detected significant on-chain activity: USDC Treasury has destroyed 55 million USDC in one go, which is approximately 54.985 million USD disappearing directly from circulation at the current price.

This large-scale destruction typically indicates that market demand is contracting, or that the Treasury is adjusting the supply. As the second largest stablecoin by market capitalization, the minting and destruction actions of USDC have always been important indicators for observing capital flows—destruction suggests that funds may be withdrawing from the crypto market, while minting suggests the opposite.

Recently, the changes in the supply of stablecoins are indeed worth paying more attention to, as this data often precedes shifts in market sentiment.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

13 Likes

Reward
13
5
Repost
Share

Comment

0/400

ETHReserveBank

· 2h ago

55 million burned directly? Is the money fleeing?

View OriginalReply0

AirdropBlackHole

· 12-02 02:26

Comments on the Airdrop Black Hole: More than 50 million dollars just vanished, feels like the market is shrinking. This round of destruction is probably paving the way for a future Rebound, or is someone really withdrawing from the market? Stablecoin movements are so frequent, we have to keep a close watch. Large-scale destruction often happens like this, quietly the market shifts. Only to realize that I've been following the trend all along, this is the real leading indicator.

View OriginalReply0

NewDAOdreamer

· 12-02 02:17

Is this large-scale burn really going to cause trouble or is it just a regular adjustment? Is capital fleeing? Or has market sentiment changed? 55 million USD just disappeared, this really needs to be monitored closely. No, why does this feel like an action before buying the dip? The supply of stablecoins really speaks louder than Candlestick charts.

View OriginalReply0

GateUser-75ee51e7

· 12-02 02:14

Large-scale destruction has begun again, it feels like this round of the Bear Market has not fully arrived yet. The signals of capital outflow are becoming increasingly obvious, we need to be cautious. As soon as the supply of stablecoins changes, will the market change? Let's wait and see. Destroying 55 million at once, that’s quite a hefty move. Wait a minute, doesn’t this indicate that some major event is about to happen?

View OriginalReply0

metaverse_hermit

· 12-02 02:06

55 million dollars evaporated directly, feeling like the funds are running out. Looking at this rhythm, is the market doomed? It's the same old trick, burning = retreat, I don't believe you. The recent operations with stablecoins are indeed worth watching, but I still feel like it's a bit hollow. With funds being handled this way, no wonder it feels cold recently. Large-scale destruction? It feels like the wind is about to change. This treasury move, is it an adjustment or really a shrink? A few days ago we were still minting, now we are destroying, it's a back-and-forth. Wait, could this be a favourable information signal?

View OriginalReply0

Trending TopicsView More
#JoinGrowthPointsDrawToWiniPhone17
239.95K Popularity
#DecemberMarketOutlook
31.74K Popularity
#PostonSquaretoEarn$50
370 Popularity
#LINKETFToLaunch
5.42K Popularity
#SharingMy100xToken
5.19K Popularity

Hot Gate FunView More

1
TanglipuMr.T
MC:$3.65KHolders:1
0.00%
2
GCGC
MC:$4.29KHolders:4
3.32%
3
GDGD
MC:$5.56KHolders:734
8.66%
4
宝宝BAO BAO
MC:$3.6KHolders:1
0.00%
5
456123
MC:$3.55KHolders:1
0.00%

Sitemap