Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, MasterCard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Diğerleri
TradFi
Rewards

EdgeX treasury transfers 50 million USDC to market makers, which may be used for TGE market-making or buybacks.

BlockBeatNews
USDC newsToken EventsOn-Chain Data

BlockBeats news, on March 28, according to Yu Jin monitoring, edgeX’s treasury decreased by 50 million stablecoins in the last day, dropping from 190 million dollars to 140 million dollars. Through on-chain investigation, Yu Jin found that two wallets, including the market maker Amber Group, transferred the corresponding 50 million USDC across chains into edgeX. The receiving address 0xc8B…783 currently holds about 75 million USDC on edgeX.

Yu Jin speculates that this portion of USDC may be used for TGE market making or token repurchase.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments