USDC, the fifth most popular cryptocurrency coin, and trusted stablecoin, lost its peg to the US dollar on Saturday, March 11, 2023. The coin’s value decreased from $1 to a low of $0.887. The majority...
Tag: 4.14M
Lookonchain Reveals a Smart Address That Made $4.14M Amid USDC Depeg
On-chain analyst Lookonchain shared details of a smart address that made $4.14 million amid the USDC chaos. The smart address was able to bag this large amount by trading Ethereum. This address also b...