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

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.

Yeah, saw that dip. Hard to tell exactly what's pushing it down so aggressively today, but seems like a broader market correction might be at play. I'm just holding for now, not making any moves.

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?