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WETH →InfrastructureACTIVE

Wrapped Ether.

WETH is a utility token that wraps native Ether into a standard ERC-20 interface, allowing it to interact with smart contracts that do not natively support ETH. Users can wrap and unwrap their tokens at a 1:1 ratio through a permissionless smart contract.

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24H CHANGE
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BULL CASE

It is essential infrastructure for almost all Ethereum-based DeFi protocols, ensuring seamless interoperability.

BEAR CASE

As Ethereum upgrades to native standards, the reliance on WETH may eventually diminish in favor of native-compatible tokens.

WHALE INTELLIGENCE — WETH
ACCUMULATION
$27.7M
DISTRIBUTION
$0K
NET FLOW
+$27.7M
MOVES TRACKED
12
WETHbridge$749Kunknown wallet→unknown wallet· ethereumSMART8h ago
WETHbridge$746KUnlabeled whale→unknown wallet· ethereumSMART8h ago
WETHbuy$1.4Munknown wallet→unknown wallet· ethereumSMART8h ago
WETHbuy$1.6Munknown wallet→unknown wallet· ethereumSMART8h ago
WETHbridge$747Kunknown wallet→unknown wallet· ethereumSMART8h ago
WETHbridge$1.0Munknown wallet→unknown wallet· ethereumSMART1d ago
WETHbridge$806Kunknown wallet→unknown wallet· ethereumSMART1d ago
WETHbuy$1.8Munknown wallet→unknown wallet· ethereumSMART1d ago
WETHbuy$19.6MWrapped Ether→unknown wallet· ethereumSMART2d ago
WETHbuy$735Kunknown wallet→unknown wallet· ethereumSMART3d ago
WETHbuy$1.3Munknown wallet→unknown wallet· ethereumSMART3d ago
WETHbuy$1.1Munknown wallet→unknown wallet· ethereumSMART3d ago
CONNECTED INTELLIGENCE — FOLLOW ANY THREAD
SMART MONEY POSITIONING
unknown walletBRIDGE $749K
Unlabeled whaleBRIDGE $746K
unknown walletBUY $1.37M
unknown walletBUY $1.65M
unknown walletBRIDGE $747K
TECHNOLOGY

The WETH contract is a simple wrapper that stores native ETH in the contract state and mints/burns ERC-20 tokens as needed.

RISKS

Smart contract vulnerabilities within the wrapping contract itself pose the main technical risk.