According to Lookonchain, an unknown wallet address has accumulated more than $118 million worth of Wrapped Bitcoin in the last week.
An unknown wallet address has been accumulating massive amounts of Wrapped Bitcoin amid ongoing controversy concerning the token’s ownership structure.
In an Aug. 19 post to X, blockchain analytics service Lookonchain said an unknown whale address had snapped up a little more than 347 Wrapped Bitcoin (WBTC) — worth $16 million at current prices — in the last 12 hours.
Source: Lookonchain
