They point to an especially volatile period on February 2, when Ethereum plunged by 37% in just 60 hours as trade war headlines emerged, wiping out more than a trillion dollars from the crypto market "in HOURS.” Related Reading: Ethereum Stuck Below $2,800 Resistance – Bulls Need A Higher Low To Recover The analysts note how ETH inflows were robust during December 2024—even as hedge funds were reportedly boosting short exposure.
According to renowned analysts from the Kobeissi Letter (@KobeissiLetter), short positioning in Ethereum "is now up +40% in ONE WEEK and +500% since November 2024.” Their findings, shared on X, argue that "never in history have Wall Street hedge funds been so short of Ethereum, and it’s not even close,” prompting the question: "What do hedge funds know is coming? ” Massive Ethereum Short Squeeze Coming?
Let’s set the record straight.” In a detailed thread, CryptoVizArt points out that the widely shared chart on hedge fund short positions likely represents only one subset of the market (e.g., "Leveraged Funds / Hedge Funds/CTAs”) and does not account for other significant market participants such as asset managers, non‐reportable traders, and on‐chain holders.
The story "Wall Street’s Ethereum Short Bets Explode – Should Investors Worry?" has 641 words across 75 sentences, which will take approximately 3 - 6 minutes for the average person to read.
Which news outlet covered this story?
The story "Wall Street’s Ethereum Short Bets Explode – Should Investors Worry?" was covered 1 days ago by NewsBTC, a news publisher based in United Kingdom.
How trustworthy is 'NewsBTC' news outlet?
NewsBTC is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.
The outlet is headquartered in United Kingdom and publishes an average of 9 news stories per day.
It's most recent story was published 13 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Negative, indicating that people regard this as "bad news".
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
