Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
TechFlow news, September 11 — 21.co strategy analyst Tom Wan posted on X stating that since the WBTC custody announcement, its supply has decreased by 1,600 BTC, equivalent to approximately $96 million. Multiple WBTC merchants, including Galaxy, FalconX, Tokka Labs, CoinList, Abra, and Crypto.com, have redeemed their WBTC holdings. This trend indicates that institutional investors are seeking more reliable wrapped Bitcoin alternatives.
21. Co-Strategy analyst Tom Wan posted on X, stating that since the WBTC custody announcement, its supply has decreased by 1,600 BTC, equivalent to approximately $96 million. Multiple WBTC merchants, including Galaxy, FalconX, Tokka Labs, CoinList, Abra, and Crypto.com, have redeemed their WBTC holdings. This trend indicates that institutional investors are seeking more reliable wrapped Bitcoin alternatives.
Navigating Web3 tides with focused insights
