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87.5 million USDC transferred from unknown wallet to Coinbase

According to Whale Alert monitoring, 87.5 million USDC was transferred from an unknown wallet to Coinbase.

A giant whale sold more than 152 WBTC 45 minutes ago and made a profit of US$696,000 in 5 days.

According to Spot On Chain monitoring on October 26th, 45 minutes ago, a whale address starting with 0xed8 sold 152.885 WBTC at an average price of $34,765, exchanged for 531.5 USDC, and made a profit of $696,000 within 5 days. The whale traded WBTC 4 times, only profiting once, with a total profit of $571,000 (+3.42%).

OKX will support native USDC on Optimism and Polygon networks

According to an official announcement on October 26th, OKX will begin supporting native USDC on the Optimism and Polygon networks to meet the various trading needs of users. - USDC native coin deposit opening time: 11:00 am (UTC+8) on October 26th; - USDC native coin withdrawal opening time: 4:00 pm (UTC+8) on October 26th.

The USDC treasury destroyed 51,591,300 USDC

Data monitored by Whale Alert shows that the USDC treasury has destroyed 51,591,300 USDC coins.

Binance Will Support Polygon Network to Support Native USDC

According to an official announcement on October 23, Binance will support the native USD Coin (USDC) issued by Circle on the Polygon network. Deposits and withdrawals of the token on the network will be available soon. Binance already supports the cross-chain version of USD Coin (PoS) (USDC.e) and will use MATICUSDCE as the code.

As of October 19, total USDC circulation has rebounded to $25.4 billion

As of October 19th, Circle issued approximately $1.4 billion USDC and redeemed approximately $1.1 billion USDC in the past 7 days, reducing the circulation by approximately $400 million. The total circulation of USDC is $25.4 billion, with a reserve of $25.5 billion, including $1.7 billion in cash, and the Circle Reserve Fund holds $23.9 billion.

Scam Sniffer: A user lost $367,000 to a phishing scam 4 hours ago

According to Scam Sniffer, about 4 hours ago, a user (with an address starting with 0x1797) lost $367,000 worth of USDC and DAI due to a cryptocurrency phishing scam. The victim approved token permissions by signing an "increaseAllowance" transaction for the fraudster.

Vitalik Buterin’s charitable entity Kanro currently holds approximately 75 million USDC but no ETH

Data from the Kanro (Vitalik Charity) wallet created by Arkham analysis and co-founder of Ethereum, Vitalik Buterin, shows that the current total value of cryptocurrencies held by the charity entity is close to $75 million, including about 74.567 million USC, 1000 MTV, and 3.724 million MVRS. However, the amount of ETH held within the charity entity shows zero. It is reported that Vitalik Buterin revealed in 2018 that he held about 0.9% of the total supply of ETH at that time, and his public address now shows a holding of about 250,000 ETH, with a total value of nearly $400 million.

GnosisDAO withdrew 5,500 wstETH from Maker and sold 4,800 wstETH

According to Scopescan monitoring, GnosisDAO proposed to Maker to withdraw 5,500 wstETH (approximately $9.96 million), and then exchanged 4,800 wstETH for USDC (approximately $8.69 million) on CoW Swap.

A whale spent US$610,000 to buy 20.5 WBTC and then sold it after confirming the fake news, resulting in a loss of US$49,000.

According to Lookonchain monitoring, a whale spent $613,201 of USDC to purchase 20.5 WBTC and quickly sold them for $563,970 of USDC after confirming fake news, losing $49,231 in just 10 minutes.