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It does consider it actually. WBTC is offchain but the btc it corresponds to is still on chain though it may be miscounted as the custodian wallet. From the pe
by cuteboy19 4y ago
It does consider it actually. WBTC is offchain but the btc it corresponds to is still on chain though it may be miscounted as the custodian wallet.
From the perspective of btc, not your keys not your coins still applies and those coins belong to the custodian wallet, not to WBTC holders.