ChainCatcher news, there is a new development in the crypto market today! According to Whale Alert monitoring, around 21:13 Beijing time, USDC Treasury destroyed 54,388,896 USDC on the Ethereum chain. This operation has attracted widespread attention in the market, and everyone has speculated whether this will have an impact on the circulation and market price of USDC. However, there are no obvious signs of fluctuations. 💹

For cryptocurrency enthusiasts, such destruction actions are not uncommon, usually to adjust the market supply and demand relationship. In any case, it is wise to keep an eye on market dynamics and look at every fluctuation rationally. 🔍