Whale Alert reported that 348,000,000 USDC was transferred from a Coinbase Prime address to a Coinbase address. The transfer was valued at about $350 million in stablecoins.
Details on the transfer’s purpose or counterparties were not disclosed. The size underscores ongoing liquidity movements within the stablecoin ecosystem and Coinbase’s operations. This sizable flow highlights continued use of stablecoins for settlement and treasury actions among major crypto platforms.













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