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Galaxie 5000 · 56w

That’s not BTC.

TKay @TKay 1737413507

Isnt wBTC backed by BTC?

It’s like if he bought $47m in liquid or the bitcoin ETF?

Or am I mistaken.

Also why buy that? Who manages this account. lol

1

Galaxie 5000 · 56w

It’s a token on the Etherium chain. ‘Backed’ by BTC or not, it’s custodial and different. No idea why they would buy that instead.