RE: Whales Fleeing Centralized Stables or Anticipating Crypto Market Liftoff?
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I was surprised with the recent BTC pump thinking that the bull has kicked off. These whales definitely played a part. That's a lot of zeros moved out of USDC. They probably foresee something significant happening with that stablecoin.
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Yes, that was a significant amount. I think they kind of took this decision in haste because they didn't care how much they moved the market. They either have some information we don't or they consider this the safest play, under these circumstances.