The supply of WBTC on Ethereum decreased by 5,844 in one week
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2024-11-25 05:02:02 7,254
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Golden Finance reported that 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 coins. Even more interestingly, btcparser.com’s Ethereum Transaction Monitor flagged a burn transaction of 5,182.34 WBTC. The operator of btcparser.com said: “It is very rare for such a large amount of WBTC to flow on the Ethereum chain. Interestingly, this time they appear to have been burned.”