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Just In: Circle disclosed that $3.3 billion of the ~$40 billio | Bitmex

Just In: Circle disclosed that $3.3 billion of the ~$40 billion of USDC reserves remain at SVB.

This number far exceeds the expectations of $1 billion. According to the estimate of 40% loss, Circle's loss may reach 1.2 billion US dollars.

Seems like 0.9 is support level