Wrapped Bitcoin

Wrapped Bitcoin ($WBTC) changes hands at $77,590, up 0.5% over the past 24 hours and down 3.7% over seven days, holding a market capitalization of $9.9 billion at rank #15.

Recent activity consists entirely of routine, high-value transfers between unidentified addresses on the Ethereum network. On Oct. 29, scanner records detected multiple reallocations, including a $470.6 million transfer of 5,889 $WBTC alongside another $469.8 million shift involving 5,872 $WBTC [1]. Heavy shuffling continued through Oct. 30, when separate transactions moved $464.2 million and $461.2 million between unlabelled wallets [1]. Activity peaked on Oct. 31 with five large movements, notably a $469.1 million relocation of 6,070 $WBTC and a $467.9 million transfer [1].

Beyond these internal wallet reallocations, no substantive governance updates, protocol developments, or external news catalysts emerged for the token across the period.