A cryptocurrency whale has been accumulating a large amount of Wrapped Bitcoin (WBTC) amid ongoing controversies. The whale purchased over $118 million in WBTC, raising concerns as BitGo plans to transfer WBTC management to BiT Global and Tron, sparking disagreements in the community. MakerDAO has limited the use of WBTC as collateral, while other platforms like Aave are exploring alternatives. This situation could impact WBTC’s future and even Bitcoin's market dominance.

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