#WBTC BTC on Ethereum

- wBTC has an absolute market share on Ethereum-BTC, approaching 95%

- The current circulation of wBTC is 154,727 BTC. Although it only accounts for 0.78% of the circulation of BTC, it also makes wBTC one of the top 15 tokens in terms of market value

- On May 13, 2022, the circulation of wBTC reached a peak of 285,004 BTC, and has been on a downward trend since then; it has fluctuated between 150,000 and 170,000 BTC since March 2023

- 41.8% of wBTC is widely used for lending, and 31.8% is buy and hold

- The highly popular tBTC and fBTC supported by Mantle are actually still very niche