Every time ETH rises, there are shorts, and short positions have reached an all-time high. Will it continue to rise?
Leverage ETH short positions have reached an all-time high, reflecting a dramatic shift in market sentiment as traders prepare for increased volatility.
Increase in Ethereum shorts indicates bearish bets
Ethereum futures open interest (OI) has surpassed $20 billion, setting a new record, indicating a sharp increase in speculative activity. The increase in short positions shows that more and more traders are confident in Ethereum's bearish trend.
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