Cryptocurrency News

USDC whale holdings percentage lowest in almost two years

08/23/2022

Less than a minute

2022.08.23 03:13

USDC whale holdings percentage lowest in almost two years

The percentage of USD Circle (USDC) stablecoins held by major wallet addresses dropped to its lowest point in almost two years as the cryptocurrency market downturn continues.

Cryptocurrency analytics firm Glassnode has released the latest data on USDC metrics, reflecting a recent sell-off of the second biggest U.S. dollar-backed stablecoin by market capitalization.

08/23/2022

Less than a minute

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