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USDC Circulation Decreased by 200 Million This Week

According to data from the Circle official website, from September 3 to September 9, Circle issued approximately 900 million USDC and redeemed approximately 1.1 billion USDC, reducing the circulation by 200 million. As of September 9, the circulation of USDC was 25.9 billion, with reserve funds of 26 billion US dollars.

An Address Suffered a Phishing Attack and Lost $266,000 in USDC and DAI

According to Scam Sniffer monitoring, an address suffered a phishing attack 7 hours ago, resulting in a loss of approximately $266,000 worth of USDC and DAI.

A Whale Address Used 10.66 Million USDC To Buy 6,541 ETH on the Chain 6 Hours Ago

As monitored by on-chain analyst Yu Jin, 6 hours ago, a whale address bought 6541 ETH on-chain using 10.66 million USDC at an average price of $1630 per ETH. The USDC was converted to ETH at the 0x012 address, and then the ETH was transferred back to the original address.