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USDC Treasury Burns Over 78 Million USDC on Ethereum
According to PANews, Whale Alert has reported that the USDC Treasury recently destroyed 78,904,497 USDC on the Ethereum blockchain. This transaction is valued at approximately $78.9 million.
📉 $SOL after a significant drop shows a confident rebound 👍👍👍
Solana fell to $129, but now the price has risen to $134.06 and continues to gain momentum.
📊 Key points from the chart:
SOL bounced off support at $129 and returned above MA(7) — the first positive signal.
MA(25) and MA(99) are still above the price, so the overall trend remains bearish.
Volumes increased on the rebound — buyers are showing activity.
Support: $129–$131.
Resistance: $135–$137, then the zone $140+.
📈 Conclusion: SOL is trying to reverse after a significant drop. If it consolidates above $135–$137, it may head towards a retest of $140–$142. 👍👍👍 $SOL {spot}(SOLUSDT) $BTC {spot}(BTCUSDT)