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Wrapped stETH fell from the $4,600 to the $4,400 range following Lido withdrawals

Summary by Cryptopolitan
The recent Ethereum (ETH) rally turned into a withdrawal rush for Lido DAO and a price slide for wrapped stETH. The protocol saw a peak level of unprocessed withdrawals, while wstETH fell from its recent highs.  The recent Ethereum (ETH) rally was favorable for some DeFi protocols. In the case of Lido DAO, the ETH rally caused a drive to withdraw the tokens from liquid staking. The spike in withdrawals arrived after ETH rallied above $3,800 for …
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http://coinprofitnews.com broke the news in on Tuesday, July 22, 2025.
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