$123.41M USDC leaves a 32-day-old whale in the single largest tracked on-chain move right now

The wallet 0xbbbb…ffcb pushed out $123.41M in USDC on Ethereum only 32 days after its first heartbeat. Across 19,168 transfers it has stayed tight, transacting with just eight distinct peer wallets over two chains, Base and Ethereum.

Its volume is dominated by WETH, with stablecoins making up 22% of the mix, yet no funds within the traced depth touched an exchange, mixer, bridge or sanctioned address. The capital stayed in self-custody or DeFi the whole way.

Meanwhile the broader stablecoin picture is clear: over the last 24 hours USDC exchange flows show $833M arriving against $518M leaving across nearly 9,000 transfers. That is a net inflow, a build-up of dry powder, not a distribution wave.