18,600 BTC have already been blocked in the Ethereum blockchain to secure tokens
Equivalent $ 180 million bitcoins are locked on the Ethereum blockchain – mostly in WBTC, sBTC and renBTC tokens. Of these, about 1000 BTC are blocked on the Lightning Network. According to Dune Analytics, some $ 180 million worth of BTC is currently locked on the Ethereum blockchain. Mainly in Wrapped Bitcoin (WBTC) tokens, sBTC Synthetix and renBTC Ren Project – stablecoins fully backed by Bitcoin. As a reminder, 4,800 BTC were transferred to Ethereum…