6% of Wrapped Bitcoin Staked in Yield Protocols
10/3/2024 4:42:37 PM
According to IntoTheBlock, 6% of all wrapped Bitcoin (WBTC) is currently being staked through various Bitcoin yield protocols. This indicates a significant portion of WBTC holders are seeking to earn returns on their holdings through staking, which could impact liquidity and price action in the market. (Source)
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