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WBTC Saw Its Single-Day Trading Volume Hit Nearly $143 million On Uniswap

Mary Liu

Summary: WBTC's trading volume reached a record high of nearly $143 million on Uniswap on February 6, according to the data from Glassnode. WBTC stands for Wrapped Bitcoin and is simply an ERC20 token that represents Bitcoin, the number indicates that more than 166,000 BTC have been transferred to the Ethereum blockchain via Uniswap. Since September 2020, WBTC ...

WBTC's trading volume reached a record high of nearly $143 million on Uniswap on February 6, according to the data from Glassnode.

WBTC stands for Wrapped Bitcoin and is simply an ERC20 token that represents Bitcoin, the number indicates that more than 166,000 BTC have been transferred to the Ethereum blockchain via Uniswap.

Since September 2020, WBTC trading volume has been growing rapidly, and the daily WBTC trading volume on Uniswap has increased by approximately 100 times from $1 million.

By Mary Liu

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