Whale Alert, which tracks large cryptocurrency transfers, reported on February 10 (local time) that approximately $200 million (specifically $200,044,999) worth of USDC moved between unidentified wallets. The transfer occurred on the Ethereum network, and the identities of the sender and recipient, as well as the purpose of the transaction, were not disclosed. Such large-scale stablecoin transfers may be related to market liquidity or institutional trading, warranting attention.

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