Massive on-chain movement detected: Over 300 million USDC just shifted between unidentified wallets. The transaction involved precisely 300,035,703 USDC tokens, valued at approximately $300.25 million at the time of transfer.

Both the sending and receiving addresses remain untagged, making it difficult to attribute this movement to any known entity or exchange. Transfers of this magnitude between anonymous wallets often spark speculation about institutional repositioning, OTC settlements, or potential exchange inventory management.

While the exact purpose behind this substantial USDC movement stays unclear, such large-scale stablecoin transfers typically merit attention from market observers tracking whale activity and liquidity flows.

USDC0.01%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

13 Likes

Reward
13
6
Repost
Share

Comment

0/400

CodeAuditQueen

· 8h ago

300 million USDC transferred out of thin air, both wallets on the blacklist? This operation is familiar, a standard prelude to a reentrancy attack, need to dig into the contract call logs.

View OriginalReply0

BrokenDAO