Renzo Restaked ETH (EZETH) has been significantly depegged on Uniswap, and insufficient liquidity may be the main reason
On April 24th, according to market data, one hour ago, due to insufficient liquidity and large sell-offs, Renzo Restaked ETH (EZETH) briefly fell to $688. As of the time of writing, the EZETH/WETH liquidity pool is only $3.2 million, and EZETH is priced at $1934.36 on the Ethereum mainnet on Uniswap.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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