At the time of writing, WBTC is trading at a 22% discount to BTC, indicating a value of approximately $48,738 within the pair’s framework. WBTC’s trading activity on Poloniex abruptly ceased on Mar. 26, with no trading activity changes since then.
At the time of writing, neither Poloniex nor Justin Sun has issued any public statements on the matter. The current trading value of WBTC in relation to BTC suggests a significant discount, with WBTC trading at around $48,738 within this pairing framework. This discrepancy has raised concerns, particularly due to a sudden halt in WBTC’s trading activity on Poloniex since Mar.
26. Furthermore, there has been no public communication or statements from Poloniex or Justin Sun regarding this situation. This information points to a potential issue within the WBTC trading environment, as the disconnect in trading value and the sudden cessation of trading activity on Poloniex is currently unaddressed by the relevant parties.
The lack of public statements adds to the uncertainties surrounding this matter and raises questions about the reasons behind these developments.