Are Whales Turning To Defi? Wrapped BTC (WBTC) Volumes Skyrocket

Some major Bitcoin traders appear to be turning to DeFi to maintain returns on their investment, whale trading data showed on Monday. Wrapped Bitcoin (WBTC), an Ethereum-based variant of Bitcoin (BTC) used to invest in DeFi platforms, saw volumes spike as the crypto market sank. The world’s largest crypto, Bitcoin (BTC) is down by over

The post Are Whales Turning To Defi? Wrapped BTC (WBTC) Volumes Skyrocket appeared first on CoinGape.

CoinGape

3 total views, 1 views today

Author: toutiao