analysis

Spark supplies over $400M USDC to Morpho’s cbBTC/USDC market on Base

0Importance
closedStatus
1News media
Published
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Key claims & sources

Summary in preparation.

Market reaction i

USDCUSDC the event is about this asset

USDC barely moved in the 4 hours after the first headline, after a flat 2 hours before.

$0.9999 price at the headline
0.0% 2 h before
0.0% 4 h after
0.0% 12 h after
First headline

48 prices, one every 30 minutes · The move was larger before the first headline than after: an observation, not an explanation. The market also moves on things nobody publishes.

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 20 14:02
Crypto Briefing scoop
Breaks the event: $400M

Where this sits in the USDC series

WhenWhat happenedFigure
7 days ago USDC at $1.00 high today it sits -0.1% from there
10 days ago USDC at $0.9987 low today it sits +0.1% from there

From what we have stored, starting 2 months ago.