📉 Wrapped Bitcoin (WBTC) experienced a sharp decline on Binance, dropping below $6,000 after being delisted on Coinbase due to liquidity issues. Although the price quickly recovered, the reasons remain unknown. Coinbase, meanwhile, is promoting its cbBTC, intensifying competition with WBTC. Justin Sun, associated with WBTC, criticizes Coinbase for lacking proof of reserves. Intrigues continue!