Wrapped Beacon ETH (WBETH) is a new liquid staking token, where 1 WBETH represents 1 BETH. It also represents the staking rewards accrued by BETH token on ETH Staking after 2023-04-27 08:00 (UTC). You can use WBETH to participate in DeFi projects outside Binance and still receive the corresponding ETH Staking rewards accrued.

1. Basic Info

SymbolWBETH
NameWrapped Beacon ETH (WBETH)
Web Sitehttps://www.binance.com/en/wbeth
Explorerhttps://etherscan.io/token/0xa2E3356610840701BDf5611a53974510Ae27E2e1, https://bscscan.com/token/0xa2E3356610840701BDf5611a53974510Ae27E2e1
Supply1869624
TotalNone
Market Cap6855909032.697118
White Paper
Release Date2023-04-27

2. Technical Analysis

2.1 Kline Price Chart

2.2 Analysis

The market is showing signs of consolidation after a significant downward trend. There is a possibility of a reversal or continuation of the downward trend in the near term. The volatility is high, indicating a potential for sharp price movements. The volume is increasing, suggesting heightened interest and participation in the market.