$109M USDC Sent Back to Treasury — Redemption Incoming?
On-chain data shows 109,959,651 USDC (~$109.96M) has been transferred from an unknown wallet to the USDC Treasury.
The transaction involves USD Coin (USDC), issued by Circle.
When USDC is sent to the Treasury, it often signals one thing:
💵 Pending redemption into fiat.
This type of movement usually precedes:
• Stablecoin burn events
• Institutional cash-outs
• Liquidity exiting crypto markets
• Treasury-level supply adjustments
If the tokens are burned next, circulating supply will decrease — tightening available on-chain liquidity.
The bigger picture 👇
Stablecoin flows are one of the cleanest indicators of capital movement.
Transfers to Treasury = potential liquidity contraction.
Now traders should watch:
🔎 Does a burn follow?
📉 Does overall stablecoin supply trend downward?
📊 Does market volatility increase afterward?
Is this just routine treasury management…
or smart money quietly stepping aside? 👀
#USDC #Stablecoins #Cryptowhaleupdates #OnChain #MarketSignals