Ethereum’s Futures Market Shows Signs of Short-Squeeze Risk as Leverage Hits Dangerous Levels

Ethereum, the second-largest cryptocurrency by market capitalization, is facing a growing risk of a short-squeeze that could potentially help its price surge. The cryptocurrency’s futures market is showing signs of extreme leverage, indicating that a significant number of traders are betting on a continued price decline. If Ethereum’s price were to surge unexpectedly, these traders […] source: https://www.cryptoglobe.com/latest/2024/10/ethereums-futures-market-shows-signs-of-short-squeeze-risk-as-leverage-hits-dangerous-levels/