Three Million USDC Freshly Minted Likely Another Whale Looking to Buy the Bitcoin Dip

Three Million USDC Freshly Minted Likely Another Whale Looking to Buy the Bitcoin Dip – BeInCrypto

Just hours after Bitcoin’s price took a tumble into the mid-$7,000 range, Whale Alert detected that three million new USDC had been minted by the Treasury. This was done most likely by a whale in order to purchase other cryptocurrency assets in a slumping market – a common practice by big spenders.