It also does not consider wrapped bitcoin... this is just on ETH... but it is on... | Hacker News

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		latchkey on May 21, 2022 \| parent \| context \| favorite \| on: .01% of Bitcoin holders hold 27% of all Bitcoin It also does not consider wrapped bitcoin... this is just on ETH... but it is on all the various L2's as well... https://wbtc.network/dashboard/order-book

cuteboy19 on May 21, 2022 [–]

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.

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