Everyone sees @whale_alert's "250M $USDC minted" and screams buy pressure. The chain says: not yet 📡
- @circle minted it on Solana, not Ethereum (17:15 UTC)
- in the next 14 min only $39.45M left the Treasury, all to one wallet:
41zCUJsKk6cMB94DDtm99qWmyMZfp4GkAhhuz4xTwePu
- that wallet got 29 Treasury transfers since 14:34 UTC, before the mint too
The other ~$210M hasn't moved yet
Proof: https://solscan.io/tx/5HVjBCtKhbsa1vYhi8K3nGQvg1JiaD2TJBPm8t9vrcRYKfZ6ZtDe2ATYhz9MVh7VHnB8gWmTmKvmyPdX2xNUTCBL
🐦 Discuss on X · 📡 @TxnXray
Post #46
2
