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Liquidity migration on WETH: moving into deeper venue

Hook: WETH moved liquidity to a deeper liquidity pool; 24h volume increased 35%. What happened: WETH's TVL dropped 0.3%, but 24h volume rose to $68.51M. Receipts: 24h volume increased 35%; previous 24h volume was $50.72M. How to verify: Check 24h volume changes; monitor WETH's liquidity over next 30 days.

Narrative

Hook: WETH moved liquidity to a deeper liquidity pool; 24h volume increased 35%. What happened: WETH's TVL dropped 0.3%, but 24h volume rose to $68.51M. Receipts: 24h volume increased 35%; previous 24h volume was $50.72M. How to verify: Check 24h volume changes; monitor WETH's liquidity over next 30 days.

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