Why is this happening? Forced sellers Borrow rates are greater than staking so leveraged stakers are unwinding creating huge sell pressure Other peoples pain is your gain
If you want cheap exposure to ETH Consider buying WeETH - Etherfi ETH Seriously de pegged rn because ETH keeps running This is an RST- it’s restaked ETH so you can redeem it directly for underlying. And it’s on sale
Why is this not being arbed already? It has been being arbed but because eth has run 9days in a row the arbers are out of ammo( withdrawal queue is currently 14 days)
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