PANews, March 28: According to on-chain analyst Yujin, data from DefiLlama shows that the edgeX treasury decreased by 50 million stablecoins over the past day, dropping from $190 million to $140 million. On-chain tracking indicates that two wallets, including market maker Amber Group, transferred the equivalent of 50 million USDC cross-chain into edgeX. The receiving address 0xc8B...783 currently holds approximately 75 million USDC on edgeX.
Two wallets, including one from Amber Group, transfer 50 million USDC to edgeX
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Summary
Two wallets, including Amber Group, transferred 50 million USDC to edgeX via cross-chain transfer, according to on-chain data. On-chain analyst Yu Jin noted that edgeX’s treasury declined from $190 million to $140 million in a single day. The receiving address 0xc8B...783 now holds approximately 75 million USDC on edgeX. Given these large movements, altcoins to watch may include assets native to edgeX. DefiLlama data confirms the shift.
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