Largest Inflow of USDC to Exchanges Recorded Over the Weekend

A metric to watch is USDC movement: On Friday 233,000,000 USDC hit exchanges.

Aug 17, 2020

∙ Paid

Dear Crypto Asset Investors,

The rising amount of USDC moving to known (centralized) exchange wallets has earmarked a number of BTC’s uptrends so far this year, including the top coin’s latest rally.

On August 14th, as BTC is testing the $12,000 mark, the largest single-day inflow of USDC moved to addresses owned by centralized exchanges was recorded.

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