Editor's PiCK

Today, Major Exchanges See Inflow of 130 Billion USDC... "4 Times the Average Annual Daily Inflow"

Source
Son Min

Summary

  • It was reported that "130 billion USDC was found to have flowed into major exchanges today."
  • "This is the highest figure in a year and 4.3 times the average annual USDC inflow," it was stated.
  • "Since May 2022, there have been only three instances of inflows exceeding 130 billion dollars," it was added.

Today, the deposit amount of USD Coin (USDC) in major exchanges reached 130 billion dollars (approximately 188 trillion won).

On the 5th (local time), Axel Adler Jr., a CryptoQuant contributor, stated on X, "The deposit size of USDC in major exchanges on January 23 and today is at the level of 130 billion dollars," adding, "This is the highest figure in a year." He further mentioned, "Since May 2022, there have been only three instances of inflows exceeding 130 billion dollars," and added, "This is 4.3 times higher than the average annual USDC inflow (30 billion dollars)."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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