Ethereum Short Positions Hit Record High – Short Squeeze Incoming?

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 […] source: https://zycrypto.com/ethereum-short-positions-hit-record-high-short-squeeze-incoming/