ETH Short Positions Surge, Price Declines
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Ethereum Short Position Surge 40% In A Week, ETH Price Crash Ahead?
65% Informative
ETH price faces further decline or a potential short squeeze, with ETH currently trading at $ 2,636 , down 1% .
ETH short positions have surged by 40% in the past week and an astonishing 500% since November 2024 .
Despite short positions, spot Ethereum ETFs also outpaced Bitcoin ETFs last week , with net inflows of $420 million .
ETH price has largely underperformed the broader crypto market in recent times while other altcoins managed to hit fresh highs.