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stETH / ETH peg now trading 5-6% lower . Congratulations to | Fat Pig Signals

stETH / ETH peg now trading 5-6% lower .

Congratulations to those that acted on this “trade” by borrowing stETH and converting it to ETH .

If price perpetually keeps declining , you can simply swap your ETH back to stETH to repay your debt for cheaper , resulting in a net ETH profit

We can anticipate some support at 0.9 and 0.5 , these are good areas to take some small profits by executing the above mentioned strategy .