$174 Million USDC Transferred to Coinbase From Unknown Wallet

Blockchain data shows a large-scale USD Coin transaction from an unidentified address to Coinbase amid heightened market activity.

USDC

Summary

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Terms & Concepts
  • USDC (USD Coin): A U.S. dollar-pegged stablecoin used for digital transactions and trading.
  • Coinbase: A major U.S.-based cryptocurrency exchange offering trading and custody services.
  • Blockchain Transaction: A recorded transfer of digital assets between addresses on a blockchain network.