Ethereum Short Positions Hit Record High – Short Squeeze Incoming?
10 Février 2025 - 7:23PM
ZyCrypto
![Ethereum Faces Critical Test At $1,960 As Massive 33 Million ETH Resistance Emerges](https://zycrypto.com/wp-content/uploads/2023/10/Ethereum-Faces-Critical-Test-At-1960-As-Massive-33-Million-ETH-Resistance-Emerges.jpg)
Ethereum (ETH) is stuck in consolidation, with the price
oscillating between $2,700 and $2,600 in the last three days.
Despite the range-bound movement, activity in the Ethereum
derivatives market has spiked considerably, with short sellers
increasing their positions. Per Kobeissi’s Letter, the number of
short positions on ETH has surged to a historic high. This […]
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