[On-chain] Just observed a major move: on the evening of November 26, the USDC official treasury executed two transactions within a minute, minting 250 million USDC on the Solana blockchain.
Time is tight - 22:21 and 22:22, the two transactions are almost seamlessly connected. Together, this wave injected $500 million of liquidity directly into the market.
What does this intensive minting usually mean? Either large institutions have made huge redemption demands, or there has been a sudden surge in demand for stablecoins. The recent rising popularity of the Solana ecosystem may also be one of the driving factors.
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SnapshotDayLaborer
· 11-29 14:28
500 million dollars pumped in a minute, SOL is about to da moon
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This rhythm... Are institutions crazy about laying out Solana?
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Wait, with such intensive issuance, why hasn't the coin price moved?
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Is the SOL ecosystem really this hot? I need to catch up
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Institutions redeeming so fiercely? The market is a bit anxious
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22:21, 22:22, timed so precisely, why does it feel a bit deliberate
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500 million stablecoins pouring in, is the next step the pump rhythm?
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Solana is about to become a story again, right?
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CoffeeNFTrader
· 11-28 12:22
500 million dollars in place in a minute, the SOL ecosystem is really popular.
Is the SOL market about to rise? What are the institutions thinking?
Is the redemption demand increasing? Anyway, stablecoins are rushing in as soon as they catch a whiff, this routine is getting old.
Minting two transactions in one minute, the rhythm is absolutely perfect... there’s something to it.
The heat on the SOL side has indeed picked up, capital is pouring in.
500 million liquidity, pretty fierce, will there be a big fluctuation later?
Coffee moment: This is what it means for institutions to play chess while we watch the game.
Either large investors are cashing out or the market demand is really that strong, take your pick.
With such a fast minting rhythm, there’s definitely a story behind it.
View OriginalReply0
CrossChainMessenger
· 11-26 22:46
500 million dollars poured in within a minute, this pace is indeed a bit rushed
SOL has really taken off this time, the institutions can't sit still anymore, right?
View OriginalReply0
TokenomicsDetective
· 11-26 14:58
Five hundred million was thrown in within a minute, what are they trying to rescue?
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The sol ecosystem is about to To da moon, the demand for stablecoin is so high
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From 22:21 to 22:22, the timing is so precise... What are the institutions doing?
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Five hundred million in a minute? If it’s not a large redemption, then a big move must be coming
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Solana's situation is a bit fierce, why is the stablecoin Liquidity suddenly so tight?
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Wait, is this laying the groundwork for something...
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Five hundred million Liquidity thrown in all at once, luckily Solana can still hold it
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Frequent minting of usdc is usually not a good sign...
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Is it the institutions redeeming or is the market really lacking stablecoins? This is a key issue.
View OriginalReply0
LiquidityLarry
· 11-26 14:56
500 million dollars poured in in one minute, they really want to pump Solana.
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Wait, with such rapid issuance, how large are the orders behind this...
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Is the Solana ecosystem really this hot? I feel like it's still mainly supported by memes.
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Whether it's institutional redemptions or a surge in demand, for me, it's just watching it rise.
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Timing at 22:21 and 22:22, this detail... is a bit interesting.
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500 million stablecoins entering the market all at once, are they going to start playing people for suckers again?
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No wonder the sol blockchain has been so hot lately, it turns out large investors are pouring money in.
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This rhythm... feels like someone is paving the way.
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Is it true? USDC's official team is actually playing like this?
View OriginalReply0
ruggedNotShrugged
· 11-26 14:55
Five hundred million dollars poured in per minute, what a huge demand this must be.
Sol is really taking off this time, and stablecoins are going crazy along with it.
Is it institutional redemptions or an ecosystem explosion? I'm a bit excited.
This rhythm... feels like something is about to happen.
Pumping in so much, it's either going to be a disaster or it's going to the moon.
View OriginalReply0
DuckFluff
· 11-26 14:54
500 million dollars dumped into Solana in a minute? This rhythm seems off...
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Is Solana about to da moon? Institutions are really crazy
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Wait, is this dumping or pumping? I can't quite understand
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OMG stablecoin is being issued like crazy, can someone tell me if this is favourable information or unfavourable information
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Two transactions of 500 million in one minute... are big institutions buying the dip like crazy?
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Is Solana really this hot recently, even the officials can't sit still
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This operation is very strange, we need to see how the next few days unfold
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500 million dollars of liquidity dumped in, will it rise or fall in the short term?
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Is the redemption demand this strong, or is the market just crazy
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Hmm... this doesn't seem like a good signal, feels like something is about to happen
View OriginalReply0
ZkSnarker
· 11-26 14:53
half a billion in two minutes? imagine if the redemption pressure was that spicy lol. solana really said "feed me stables" and circle just... obliged
Reply0
GateUser-bd883c58
· 11-26 14:51
500 million dollars pouring in per minute, the sol ecosystem is really top-tier.
Is this wave institutions throwing money or some kind of omen? I'm not sure.
From 22:21 to 22:22, it feels like there's a sense of urgency.
Sol is indeed taking off this month, and the surge in stablecoin demand is also reasonable.
I wonder if it’s a sign that a big project is about to launch.
View OriginalReply0
NoStopLossNut
· 11-26 14:38
500 million dollars dumped in a minute, this pace... there must be big fish fishing for the dip.
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Is Solana about to take off again with such fierce demand for stablecoins?
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From 22:21 to 22:22, Circle's scalpel is really precise, why the rush?
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Are institutions really eating the cake or buying the dip? This 500 million is a bit outrageous.
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The Solana ecosystem has been so hot lately, relying on stablecoins to provide liquidity.
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Two transactions seamlessly connected, this operation is artistic yet a bit strange...
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A 500 million liquidity bomb, I wonder who will suffer from it.
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Is a large order coming in or is someone in a hurry to run?
USDC official treasury minted 500 million dollars in one minute, big moves on the Solana chain.
[On-chain] Just observed a major move: on the evening of November 26, the USDC official treasury executed two transactions within a minute, minting 250 million USDC on the Solana blockchain.
Time is tight - 22:21 and 22:22, the two transactions are almost seamlessly connected. Together, this wave injected $500 million of liquidity directly into the market.
What does this intensive minting usually mean? Either large institutions have made huge redemption demands, or there has been a sudden surge in demand for stablecoins. The recent rising popularity of the Solana ecosystem may also be one of the driving factors.