More than 150 000 BTC

The Ethereum blockchain is blocked to ensure tokens 150 049 BTC, The dollar value of which exceeds $2 billion.

According to Dune Analytics, bitcoins worth more $2 billion is tocenized in the Ethereum - 150 049 BTC or 0.7 % all bitcoins in circulation. Dollar value Blocked BTC is equivalent 4.32% general capitalization of the Ethereum. In the first half of October, the Ethrium was tokenized
131 455 BTC, And a month earlier – 92 600 BTC.

Most bitcoins – 117 585 coins, Blocked in WBTC tokens. More 22 499 and 6 010 Blocked in RenbTC and HBTC, respectively. Bitcoin owners mix their coins in Ethereum, to participate in the work of Defi protocols, Many of which offer high profitability.

In recent weeks, the growth rate of the Defi industry has slowed somewhat. According to Defi Pulse, Cryptoactives are blocked in decentralized finance protocols, equivalent $10.8. Recall, what 18 September this indicator reached
$13.2 billion.

The number of BTC Etheriums blocked simultaneously with the growth of Defi protocols, which came for the summer of this year.

The growth of the market was also affected by an increase in bitcoin prices in recent weeks. The number of BTC investors increased. In parallel with this, the number of bitcoins -tokenized in the Etherem - including from new investors, increased, who want to make a profit in anticipation of a further growth of the market.