406.98 Million USDC Transferred Between Unidentified Wallets

Blockchain tracking data indicates that 406,980,631 USDC (a U.S. dollar-pegged stablecoin) worth about $406,999,759 moved from one unknown wallet to another.

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Terms & Concepts
  • USDC: A U.S. dollar-pegged stablecoin issued to maintain a value close to one dollar per token.
  • Wallet: A blockchain address or tool used to store, send, and receive digital assets.
  • On-chain transfer: A transaction recorded on a blockchain, allowing movement of crypto assets between addresses.