Speculators Have the Largest ETH Short Position Ever - Are They Justified?
A strong Ethereum is a silver bullet for the crypto industry since it enhances faith that crypto is more than just Bitcoin. While Ethereum has always appreciated in tandem with Bitcoin, this cycle is a huge miss for altcoin. ETH is performing dismally, and short sellers have now placed the biggest short position ever on the coin. Are they justified?
Let’s find out.
Keep reading with a 7-day free trial
Subscribe to Daily Crypto News to keep reading this post and get 7 days of free access to the full post archives.