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Here’s the whale of it all for USDC holdings
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Regular price swings in the cryptocurrency market have had a significant impact on USD Coin (USDC), a stablecoin developed by Circle. In fact, its whale addresses seemed to be flashing similar signals too. Especially since the primary wallet addresses for USD Coin have dropped to a level that is close to a 2-year low.
According to Glassnode, for instance, USD Coin’s indicators have been deteriorating lately. Simply put, the stablecoin’s market cap has been hit by recent sell-offs and market events.
<p lang=«en» dir=«ltr» xml:lang=«en»> Read more on ambcrypto.comAbout this in other media
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