[Coin World] A large USDC transfer has just been detected. An institutional account of a certain compliance platform directly sent out 111 million USDC to an unknown Address, which is approximately 111 million USD at the current price.
The transfer of a stablecoin of this magnitude is usually not just a simple internal adjustment. Could it be that institutions are laying out off-exchange? Or are they preparing to enter the market to make purchases? The target wallet's ownership can't be identified for now, so we need to keep an eye on the movements of this Address.
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BearMarketSurvivor
· 11h ago
Most likely, it's time to buy the dip.
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BlockchainNewbie
· 11h ago
The little brother has been fixated on this Wallet.
$111 million USDC large transfer exposed: Institutional mysterious operation raises follow.
[Coin World] A large USDC transfer has just been detected. An institutional account of a certain compliance platform directly sent out 111 million USDC to an unknown Address, which is approximately 111 million USD at the current price.
The transfer of a stablecoin of this magnitude is usually not just a simple internal adjustment. Could it be that institutions are laying out off-exchange? Or are they preparing to enter the market to make purchases? The target wallet's ownership can't be identified for now, so we need to keep an eye on the movements of this Address.