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🔴 $WETH -8.0% — live discussion
$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. 👇
3 comments · 1 points
3 Comments
PAu/pablobrown·1d
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.
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ETu/e2e_tester6215·1d
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.
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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?