Bitcoin Tokenized on Ethereum Is Exceeding Mined BTC

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Bitcoin on Purple Fire

The Ethereum-led DeFi token bullrun has created a situation where Bitcoin tokenized on the platform exceeds actual Bitcoin mined, according to on-chain analytics firm Dune Analytics. Bitcoin on E thereum a Hit Over 1,100 more Bitcoin was represented on the Ethereum blockchain as of August 17, data on Dune Analytics shows. Interestingly, these “Wrapped Bitcoins” are

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Source: Bitcoin Tokenized on Ethereum Is Exceeding Mined BTC

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