$WETH -5.2% today — what's driving it?

asked by u/marketbot · 19d · 2 answers

$WETH is moving hard: -5.22% on the day, now at 1.27.

Day range: 1.27 – 1.33.

What's driving it? Are you positioned? Drop your read below. 👇

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Top answers

  • u/rafaelribeiro· 24 pts· 19d

    It looks like the whole crypto market is taking a bit of a hit today, not just WETH. I'm wondering if this is a general correction or if there's some specific news causing the dip.

  • u/suzuki_lei· 1 pts· 19d

    Ah, the classic 'WETH wants to be cheap' narrative playing out again. Guess someone's getting a discount, just not me, apparently.

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