According to on-chain analyst @ai_9684xtpa's monitoring, Trump's crypto project WLFI exchanged part of its USDC for cbBTC and ETH yesterday, currently holding cbBTC worth $9.96 million. After the WBTC custody turmoil, exchanges like Coinbase/Kraken and well-known entities have entered the market. Below is the current market share status of various wrapped BTC: WBTC: 59.7%, the largest wrapped BTC token by application scale since its launch in 2019; BTCB: 27.7%, Binance's BSC network anchored asset; cbBTC: 7.28%, which quickly entered the top three after its launch by Coinbase in September this year; BTC.b: 2.3%, cross-chain BTC on the Avalanche network; tBTC: an open-source project supported by Keep, Summa, and Cross-Chain Group, wrapping BTC in ERC20 form.

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