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Ceffu Pulls $120M USDC from Ethena Wallets Amid Crypto Market Trends

Guavy AI Editorial Team
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USDC ENA BB
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Crypto custody trends continue to evolve as Ceffu withdrew $120 million in USDC from Ethena's Coinbase Prime wallets over the past day.

The withdrawals occurred across six transactions, with the latest transfer of $30 million happening roughly six hours ago at address 0x00669Bf9BA4EAab1BBd301C1ccDf69932F521049.

This movement in large-scale stablecoin flows underscores ongoing crypto market trends. USDC is a widely used stablecoin, designed to maintain a $1 peg to the US dollar.

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