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🐋 An unknown crypto whale has accumulated over $118 million worth of Wrapped Bitcoin ($WBTC) amid controversy surroundi…

🐋 An unknown crypto whale has accumulated over $118 million worth of Wrapped Bitcoin ($WBTC) amid controversy surrounding the token's ownership structure.

On Aug. 9, BitGo — the team behind Wrapped Bitcoin — announced plans to transfer control over WBTC to a joint venture consisting of itself, Hong Kong-based investment manager BiT Global, and Sun’s Tron ecosystem.

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