Renzo Restaked ETH Suffers a Brief Crash on Uniswap

Renzo Restaked ETH Suffers a Brief Crash on Uniswap

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Source: Coindesk.com

Renzo restaked ETH (ezETH) crashed as low as $750 early Wednesday, trading at a massive discount to wrapped ether (WETH). The sell-off was likely catalyzed by users looking to reclaim their ETH in low liquidity conditions and large liquidations of ezETH-collateralized positions.

Renzo restaked ETH (ezETH), the liquid restaking token representing

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The post "Renzo Restaked ETH Suffers a Brief Crash on Uniswap" appeared first here Coindesk.com.

Source: Coindesk.com

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