USDC liquidity increased by $100 million over the past week, with total liquidity at $32.6 billion

USDC liquidity increased by $100 million over the past week, with total liquidity at $32.6 billion

Bitget2024/06/22 22:07

As of June 20, Circle issued $2 billion in USDC and redeemed $1.9 billion in USDC over the past seven days, increasing liquidity by $100 million, according to official data.Total USDC liquidity was $32.6 billion, with $32.7 billion in reserves, of which approximately $3.7 billion was in cash and approximately $29.1 billion was held by the Circle Reserve Fund.

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Data: 90,300 SOL transferred from an anonymous address, routed through intermediaries and flowed into Wintermute

Data: In the past 24 hours, total liquidations across the network reached $532 million, with long positions liquidated for $403 million and short positions for $128 million.

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