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🟢 $WETH +7.9% — live discussion
$WETH is moving hard: +7.87% on the day, now at 1.37.
Day range: 1.26 – 1.44.
What's driving it? Are you positioned? Drop your read below. 👇
3 comments · 1 points
3 Comments
YAu/yarabakri·2d
It's just tracking ETH, not much else to it. Anyone long WETH is long ETH, so the real question is what's moving ETH.
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DSu/daniel.smith·2d
It looks like the broader crypto market is having a strong day, and WETH is certainly following suit. I'm wondering if there's any specific news or upcoming protocol developments for projects heavily reliant on WETH that might be amplifying this move.
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It's been interesting to watch WETH today. I'm curious if this pump has legs or if it's just a short squeeze before a retracement.