CRYPTO BREAKING NEWS! (27/6/24)

USDC Treasury Destroys Over 69 Million Coins On Ethereum Blockchain. According to Odaily, the USDC Treasury has reportedly destroyed a significant amount of its digital currency. The operation took place on the Ethereum blockchain, where 69,457,890 USDC coins were eliminated. The action was detected and reported by Whale Alert, a blockchain transaction monitoring service.

✦ Justin Sun Redeems LRT PT Tokens, Gains Significant Profit. According to BlockBeats, Justin Sun, a prominent figure in the cryptocurrency world, has recently redeemed his LRT PT tokens that he had been purchasing over the past month. The redemption, which took place on June 27, resulted in Sun gaining a profit of 984 ETH, equivalent to approximately $3.32 million.

✦ Significant Transactions Involving LandWolf, SOL, and DORAE Tokens. According to Foresight News, a significant transaction involving the sale and purchase of various cryptocurrencies was recorded. An address sold LandWolf (WOLF) tokens worth $130,000 through two transactions at 13:10. Following this, within a minute, the same address purchased 71,720 Doraemon (DORAE) tokens using 891 SOL tokens, which are valued at over $122,000.

✦ German Government Wallet Transfers 500 BTC Worth Approximately 30.42 Million USD. According to BlockBeats, on June 25th, data from Arkham revealed that a wallet marked as 'German Government' made another transfer of 500 BTC to a certain address. The total value of this transaction is estimated to be around 30.42 million USD. The transfer was made at 17:06 Beijing time.

✦ Address Profits $2.9 Million From WATER Tokens Sale Within 20 Minutes. According to BlockBeats, an address spent 16,900 SOL (equivalent to $2.1 million) to acquire 612 million WATER tokens, which accounted for 22.71% of the pool, in the same block where liquidity was added. The address then sold all the WATER tokens for 39,279 SOL (approximately $5 million), making a profit of 22,379 SOL (around $2.9 million). The entire process took less than 20 minutes.