Circle Stock Sinks Back to IPO Price Amid Rising Insider Unlocks and Volatility Fears

Circle’s (CRCL) stock has erased nearly all of its post-IPO gains, retracing back to its opening price despite strong third-quarter earnings and accelerating USDC growth. The sharp reversal reflects rising supply pressure, expiring lockups, and a shifting stablecoin market, all while major institutions turn increasingly bullish on Circle’s long-term moat. Circle Round-Trips Its Entire Post-IPO Rally Stablecoins remain one of the most promising use cases of crypto, dominated by Tether and Circle. However, the latter, Circle, is the only major issuer that allows public investors to invest, with its IPO in early June attracting an explosive volume of interest or subscription source: https://beincrypto.com/circle-stock-sinks-back-to-ipo-price-amid-rising-insider-unlocks-and-volatility-fears/