WETH is trading at $2,307.80 with a 24-hour trading volume of $793.24M, up 1.04% in the last 24 hours. It is currently 4.46% from its 7-day all-time high of $2,415.41. The most significant recent development involves the Aave protocol. Aave has frozen WETH reserves in Ethereum, Arbitrum, Base, Mantle, and Linea markets as a precautionary measure following the rsETH hack, which created uncollateralized bad debt risk.