|All Time High:|
|Market Cap: |
|The price of #WBTC today is $23,340 USD.|
The lowest WBTC price for this period was $0, the highest was $23,340, and the exact current price of one WBTC crypto coin is $23,340.30795.
The all-time high WBTC coin price was $69,231.
Use our custom price calculator to see the hypothetical price of WBTC with market cap of ETH or other crypto coins.
|The code for Wrapped Bitcoin is #WBTC. |
Wrapped Bitcoin is 4 years old.
|The current market capitalization for Wrapped Bitcoin is $2,760,738,305.|
Wrapped Bitcoin is ranked #26 out of all coins, by market cap (and other factors).
|The trading volume is very large during the past 24 hours for #WBTC.|
Today's 24-hour trading volume across all exchanges for Wrapped Bitcoin is $102,213,436.
|The circulating supply of WBTC is 118,282 coins, which is 100% of the total coin supply.|
A highlight of Wrapped Bitcoin is it's unusually low supply of coins, as this supports higher prices due to supply and demand in the market.
More Wrapped Bitcoin (#WBTC) News
|Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 ...
Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating supply of WBTC since Nov. 27, 2022.WBTC Remains Largest Operation in Terms of Bitcoin Custody Despite Recent Redemptions
The Bitgo-backed Wrapped Bitcoin (WBTC) project has been officially in operation since the end of January 2019 and has grown significantly since its launch. At the time of writing, it is the largest operation in terms of the number of bitcoin (BTC) custodied to back the WBTC token value.
On January 20, 2023, WBTC is the 19th largest crypto asset by market capitalization, valued at $21,278 per unit. WBTC's market valuation on Friday afternoon Eastern Time was around $3.8 billion. According to the project's website and transparency dashboard, at 3:00 p.m. Eastern Time on Jan. 20, 2023, there were approximately 180,197 WBTC in circulation on the Ethereum chain.
The project also manages 99.89 WBTC which is hosted on the Tron blockchain network. The stash of ERC20-based WBTC tokens is substantially less than it was 54 days ago on Nov. 27, 2022, when 220,353 WBTC ($16.4K per BTC) was circulating on the Ethereum blockchain network. Ten months prior, on Feb. 26, 2022, the number of WBTC in circulation was approximately 262,662 ($39.4K per BTC).
That means over the last ten months, 31.39% of the WBTC in circulation was removed from the overall supply. More than half of ...