Express

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

Last Update:

Tags: ,,,
Link: WBTC Saw Its Single-Day Trading Volume Hit Nearly $143 million On Uniswap   [Copy]
Next:

Related Articles

  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 5 days ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 6 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 16 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 18 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 20 days ago

    • You need to login to comment.