Ethereum Wallet Nets Over 120 ETH Profit in 2hrs Amid ezETH Depegging Event

• czsamsunsb.eth gained 121.65 ETH in 2hrs from the $ezETH depeg event.
• ezETH faces a bearish trend and is likely to breach support levels soon.
• Renzo Restaked ETH’s technical indicators signal strong selling pressure.

In a financial manoeuvre, an Ethereum wallet address, czsamsunsb.eth, netted a profit of 121.65 ETH in just two hours. According to the report, the gain followed the depegging event of ezETH (Renzo Restaked ETH), a situation where the token’s value dropped from its pegged price. 

“czsamsunsb.eth made 121.65 $ETH in just 2 hours after $ezETH(Renzo Restaked ETH) depegged!”

This event unfolded as the wallet holder invested 4,099 ETH to purchase 4,221 ezETH, subsequently turning an impressive profit of 121.65 ETH in a short time span.

czsamsunsb.eth made 121.65 $ETH in just 2 hours after $EZETH(Renzo Restaked ETH) depegged!

He spent 4,099 $ETH to buy 4,221 $EZETH successfully, making 121.65 $ETH!https://t.co/niluIilTRi pic.twitter.com/hnPWt0DjZD

— Lookonchain (@lookonchain) April 24, 2024

Since then, the Renzo Restaked RTH market has been on a bearish trend. As of press time, the ezETH token is exchanging han…

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