🔹 Binance Continues to Mint WBETH – A Sign of a New Growth Trend in the Market? 📈
11 hours ago, a wallet address of Binance successfully minted 50,000 WBETH, equivalent to 142 million USD. This number of tokens was immediately transferred to the Binance exchange, indicating a noticeable increase in ETH staking activity.
This is the first WBETH mint since May 15, reflecting the strengthened demand for ETH staking on Binance. Observing previous minting events, each round was accompanied by a positive growth trend of ETH as well as altcoins in general 🌐.
If this trend continues with Binance minting more WBETH, it is highly likely that the market will confirm a stable upward wave in the near future 📊
#Binance #WBETH #Ethereum #CryptoMarket #Staking #Investment #Blockchain