USDC Flows Turn Positive, Whale Buys 18k ETH, EPIK Up 58x

USDC exchange funds see net inflows after outflows. A whale acquired 18,030 ETH with DAI. SOL meme EPIK surged 58x as creator burns supply.

Woofun AI reports that USDC exchange fund flows have shifted to net inflows, ending a period of outflows lasting over two months. Simultaneously, on-chain data reveals a whale transaction where 35.85 million DAI was used to purchase 18,030 ETH within a half-hour window.

In the meme sector, the SOL-based token EPIK saw its market capitalization briefly exceed $23 million, representing an intraday increase of over 58 times. The creator stated that nearly 60% of the total supply has been burned and personally repurchased 356 million tokens. Elsewhere, Jensen Huang emphasized the need for an AI ecosystem with both open and closed-source models, while Bank of America suggested defensive assets like gold may benefit from a potential weak window for US stocks.