While the market reversed and moved higher, some tokens showed significantly more short positions than long positions.
Out of 500 tokens, these are the 5 most shorted tokens at the moment.
While a large number of short positions can predict a correction, it can also be a major catalyst if the market continues to rally and shorts have to be closed.
Here is the list:
1 â Nervos Network (CKB)
2 â First Neiro trĂȘn Ethereum $NEIRO
3 â Sui $SUI
4 â Mantra $OM
5 â Bittensor $TAO