According to reports, from November 16th to November 24th, the total supply of Wrapped Bitcoin (WBTC) on the Ethereum network decreased from 146,734 to 140,890 coins, a reduction of 5,844 coins. In addition, data from the on-chain transaction monitoring platform BTCparsers shows that a single transaction destroyed 5,182.34 WBTC. The operator of BTCparsers stated: "Seeing such large-scale WBTC movement on the Ethereum chain is very rare; interestingly enough it seems they were destroyed this time."