![Renzo Restaked ETH Suffers a Brief Crash on Uniswap Renzo Restaked ETH Suffers a Brief Crash on Uniswap](https://i2.wp.com/www.coindesk.com/resizer/8rxvm0p9O3d9KRl4o5qqRKEJ7yo=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/ZW3LNLEZ35HCTFQHADQ54V52VY.png?w=1200&resize=1200,0&ssl=1)
“People sold ezETH on Uniswap, and they had lower liquidity, so the slippage caused the price to drop to below $700, which caused massive liquidation on [generalized leverage protocol] Gearbox and [lending protocol] Morpho,” Hitesh Malviya, founder of crypto analytics platform DYOR, told CoinDesk.