#OnChain #Data #Reveals #Trading #Firms #Worked #USDC #Stablecoin #Repeg
My brothers a addict and so is my dad.
March 26, 2023
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#brothers #addict #dad
On-Chain Data Reveals How Trading Firms Worked the USDC Stablecoin Repeg
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One wallet made $16.5 million on trading the depeg. The first million is always the hardest eh?
Who ever baught usdc made a nice 20 cents on the dollar
“A total of $2.8 billion worth of USDT was withdrawn from Binance in a 24-hour period, according to Crypto Quant.”
Jesus, that’s like a bank run on steroids.
The irony that it depeged because reserves were in a bank.
Haha noobs could had bought USDT instead of putting money in banks.