USDC whale holdings percentage lowest in almost two years

22 Aug 2022

USDC whale holdings percentage lowest in almost two years

USDC whale holdings percentage lowest in almost two yearsThe percentage of USD Circle (USDC) stablecoins held by major wallet addresses dropped to its lowest point in almost two years as the cryptocurrency market downturn continues.Cryptocurrency analytics firm Glassnode has released the latest data on USDC metrics, reflecting a recent sell-off of the second biggest U.S. dollar-backed stablecoin by market capitalization.

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