The supply of WBTC on Ethereum has decreased by 5,844 in one week
On November 16, the supply of WBTC on Ethereum was 146,734. By November 24, this number had dropped to 140,890 WBTC, a decrease of 5,844. What's more interesting is that the Ethereum transaction monitor at btcparser.com marked a destruction transaction of 5,182.34 WBTC. The operator of btcparser.com said: "Such a large amount of WBTC circulating on the Ethereum chain is very rare. Interestingly, this time they seem to have been burned."
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.
You may also like
U.S. Lawmakers Draft New Bill to Exempt Stablecoin Transactions of $200 or Less from Capital Gains Tax
A whale has accumulated $2.55 million worth of PENGU over the past two weeks
Klarna partners with an exchange to allow institutions to make payments using stablecoins
A whale withdrew 272 million PENGU, worth $2.52 million, from an exchange.
Trending news
MoreCrypto prices
More
