Data: The total supply of WBTC on the Ethereum network decreased by 5844 in 8 days
According to reports, from November 16th to November 24th, the total supply of Wrapped Bitcoin (WBTC) on the Ethereum network decreased from 146,734 to 140,890 coins, a reduction of 5,844 coins. In addition, data from the on-chain transaction monitoring platform BTCparsers shows that a single transaction destroyed 5,182.34 WBTC. The operator of BTCparsers stated: "Seeing such large-scale WBTC movement on the Ethereum chain is very rare; interestingly enough it seems they were destroyed this time."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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