Home > Quick > Body

Analysis: Ethereum short positions have increased by 40% in a week and by 500% since November.

clock
2025-02-10 06:42:49
The Kobeissi Letter said in a post on X that ZeroHedge's new chart shows that Ethereum is facing record short selling by hedge funds, with the number of CME futures contracts hitting a new high of 11,341. Short positions on Ethereum have increased by 40% in one week and by 500% since November 2024.
It points out that the history of Ethereum shows a clear correlation between large short positions and subsequent price crashes.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.