The value of fwDETH has shown some improvement as it reached over $1,200 after experiencing a decline. Currently, the asset is priced at $1,203. However, the 24-hour drop has reduced, only accounting for 38.23%. Unfortunately, fwDETH still faces a serious unanchored situation.
The news article discussing this information can be found on the website The Block Beats, and can be accessed by following the provided link.
Source: source