Wrapped Bitcoin supply drops to negative after 11,500 wBTC burn linked to Celsius

by Aurelia Butler 28 February 2023, 12:00 129 Views

A total of 11,500 wBTC ($260 million) linked to now-bankrupt crypto lender Celsius was burned, turning its growth rate negative. The current total supply of the wrapped token is 164,396 wBTC, with a monthly growth rate of -7.39%.

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Source: Cryptocurrency - investing.com

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Wrapped Bitcoin supply drops to negative after 11,500 wBTC burn linked to Celsius

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