Bitcoin Tokenized on Ethereum Is Exceeding Mined BTC

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
Source: Bitcoin Tokenized on Ethereum Is Exceeding Mined BTC