According to ChainCatcher, blockchain data monitoring platform Whale Alert reported that USDC Treasury destroyed 50 million USDC on the Ethereum blockchain at 19:36 Beijing time today. This action has attracted widespread attention in the market, as large-scale destruction is generally regarded as a major adjustment to the supply of tokens in circulation. Although such operations may have an impact on market prices, the specific impact still needs to be observed in the subsequent market reaction. Investors and analysts will pay close attention to relevant on-chain data to assess the potential impact of this destruction on the market value and market dynamics of USDC.