Solana’s Wrapped Bitcoin Cost Craters Soon after FTX Shuts Exit Ramp #Solanas #Wrapped #Bitcoin #Selling price #Craters #FTX #Shuts #Exit #Ramp


Sollet Bitcoin (soBTC), a so-known as “wrapped” asset supposedly backed 1-to-1 with bitcoin, plummeted $10,000 at all-around 2:00 p.m. Eastern Common Time, according to DeFi protocol Raydium. It experienced presently expended substantially of the day buying and selling underneath its bitcoin peg on the information that FTX experienced submitted for individual bankruptcy safety.

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