Yesterday, $WBTC dropped to $5k before rebounding swiftly. This could have been an opportunity for some lucky buyers to grab a wrapped bitcoin at a 95% discount. But i dont think so someone catch this knife! 

The reasons for the sudden drop are unclear, maybe troubles with liquidity! 

wBTC is a wrapped Bitcoin token on the $ETH blockchain, maintaining a 1:1 ratio with BTC.

absolutely have no idea why do we need wrapped btc