Biggest wBTC minter was none other than Alameda Research.
https://i.imgur.com/OpAJnWO.png // https://dune.com/Messari_Jack/wbtc_1
Price was depegged since FTX implosion to 0.995 and now its 0.987. It's not looking good. Don't trust any wrapped tokens. We saw what happened to soBTC (Solana Wrapped BTC) and you do not want to see what might happen to wBTC on ethereum. get out while you still can. this is a ticking time bomb.
https://i.imgur.com/nxSlLO6.png // https://www.binance.com/en/trade/WBTC_BTC?theme=light&type=spot
and if wBTC actually blows up, the entire crypto market is gonna go down again as many defi protocol uses wBTC.
https://i.imgur.com/JPpQ2I8.png // https://etherscan.io/token/0x2260fac5e5542a773aa44fbcfedf7c193bc2c599#balances
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments