Wrapped Bitcoin (WBTC)
Wrapped Bitcoin delivers the power of Bitcoin with the flexibility of an ERC20 token. Wrapped Bitcoin (WBTC) is a ERC20 token backed 1:1 with Bitcoin. Completely transparent. 100% verifiable. Community led.
1. WBTC Basic Info
| Symbol | WBTC |
| Name | Wrapped Bitcoin |
| Web Site | https://wbtc.network |
| Wallet | -- |
| Source | -- |
| Explorer | https://etherscan.io/ |
| Forum | -- |
| Mining | |
| Supply | 129015.15757878 |
| Available Supply | 129015 |
| Market Cap | 11663433355.5 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | 129015.15757878 |
| Release Date | 2019-01-31 |
2. WBTC Technical Info
2.1 WBTC Kline Chart Price
2.2 WBTC Technical Analysis
Short-term: A period of consolidation is expected, with prices fluctuating within a relatively narrow range. The recent strong upward momentum appears to be weakening, and a potential correction could occur. Support levels around 95000 and 96000 should be closely monitored.
Mid-term: The overall trend remains bullish. However, the market may experience a period of sideways movement or a slight pullback before resuming its upward trajectory. There is a possibility of a breakout above the recent high (around 99000) if the bullish sentiment persists. Key resistance levels to watch are 97000 and 98000.
Long-term: The long-term outlook is positive. Considering the historical data, the market shows a propensity for upward movement. The recent consolidation is likely a temporary phase before a more substantial rally occurs. Continued monitoring of volume and significant market events is recommended to identify potential shifts in trend.
3. WBTC News Info
3.1 WBTC News List
- 20250306
Trump family crypto project WLFI increased its holdings by 4,468 ETH, 110.6 WBTC and 3.42 million MOVE đ - 20250305
A whale who bought WBTC low and sold it high and made a profit of $14.26 million withdrew 2,000 ETH from Kraken đ
3.2 WBTC News Analysis
The Trump family s significant investment in WLFI, MOVE, and the accumulation of ETH and WBTC signals a bullish outlook on their chosen assets. This aggressive accumulation strategy suggests confidence in the long-term prospects of these specific cryptocurrencies. Simultaneously, the profit-taking activity and ETH withdrawal from Kraken by a whale, despite a substantial gain, indicates potential profit-taking sentiment within the broader market. While the Trump family investment implies an upward trajectory for their selections, the whale activity may suggest short-term market volatility or a cautious approach from larger players. A diverging trend is possible, with specific coins experiencing gains while the broader market remains cautious.
