Data: FalconX and GSR have received a total of 86.5 million USDC from Circle in the past 24 hours
According to Lookonchain monitoring, FalconX and GSR have received a total of 86.5 million USDC from Circle in the past 24 hours, all of which has been transferred into CEX. This may imply that institutional investors are injecting funds into the cryptocurrency market.
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Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish
