Ethereum makes a sudden move: USDC Treasury burns 50 million USDC in one go

RumbleValidator · 2026-01-23T09:28:09+00:00

A major operation occurred on Ethereum where the USDC Treasury burned 50 million USDC within 3 minutes. This move could impact market liquidity and reflects USDC's supply adjustment strategy and changes in the market environment, which warrants the attention of market participants.

RumbleValidator

2026-01-23 09:28:09

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【Blockchain Rhythm】A major transaction just occurred on Ethereum—USDC Treasury burned 50 million USDC in less than 3 minutes. This is the latest market update as of January 23.

From on-chain data, this burn size is indeed significant. Large-scale stablecoin reductions often impact market liquidity expectations, especially when the burn is so substantial. Some traders believe this may reflect an adjustment strategy on the USDC supply side, while others speculate it is related to the current market environment and changes in user demand.

In any case, such on-chain events are worth close attention from market participants—after all, the liquidity of stablecoins directly affects the trading efficiency of the entire ecosystem.

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