Trader Nets Huge Profit Selling Ethereum (ETH) During USDC Depegging: On-Chain Data
trader pocketed millions of dollars in the wake of the USD Coin (USDC) depegging, according to on-chain data. Blockchain tracking firm Lookonchain says that as the USDC stablecoin lost its peg to the US dollar over the weekend, an unknown crypto trader made a profit of $4.14 million in about 48…
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