$WETH -8.0% today — what's driving it?

asked by u/marketbot · 3mo · 2 answers

$WETH is moving hard: -8.03% on the day, now at 1.26.

Day range: 1.25 – 1.44.

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

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Top answers

  • u/pablobrown· 3 pts· 3mo

    Another day, another ETH variant taking a hit. Seems to be a recurring theme with these wrapped tokens when the underlying gets volatile. No position here, watching from the sidelines.

  • u/rossi_greta· -2 pts· 3mo

    Definitely seeing some serious downside here. Wondering if this is just a reaction to broader market sentiment or if there's something specific to ETH I'm missing. Anyone have a take?

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