Conversation

FTX saw massive OTC demand for WBTC this month.

Quote Tweet

Sep 4, 2020

Nearly 70% of all wrapped bitcoins created in August were minted for Alameda Research. In July, the trading firm's proposal to increase collateral on Compound from 0% to 40% was approved. Report by @zackvoell and @wsfoxley trib.al/FahfND2

8:12 PM · Sep 4, 2020Twitter Web App

Retweets

151

Likes

八咫烏.chz【Yatagarasu 】Crypto Asset Investor

Replying to

and

GIF

read image description

ALT

Replying to

and

📈🚀

Replying to

and

i swaped some. thank you. couldn't find renBTC, will it be added?

This Tweet was deleted by the Tweet author. Learn more

Show replies

Replying to

and

Why no mentions of the Hedget IEO? Isn't this the beginning of a new paradigm for FTX?

Replying to

and

🦥😘

This Tweet was deleted by the Tweet author. Learn more

Wrapped Bitcoin (WBTC) Price, Market Cap, Live Charts, Research | Messari

Wrapped Bitcoin (WBTC) is currently trading at $20,459.01, down -2.59% in the last 24 hours. See insights on Wrapped Bitcoin including price, news, research, charts and more on Messari.

Replying to

and

Many friends in the space were looking for WBTC swaps when there were clear arb opportunity on Curve but couldn't find a proper platform to use with cheap fees. FTX always delivering what the market wants at light speed!

Replying to

and

I don’t really see any reason why FTX would use a decentralized peg and this does make me nervous about demand from decentralized BTC pegs even thought MPC-ECDSA is amazing technology

Replying to

and

Wbtc is not using mpc ecdsa. Neither do ftx. Who are you referring to?

Show replies