Bitfinex Reports Massive Surge in ETH Short Positions as Bearish Bets Pile Up

Ethereum (ETH) Faces Potential Short Squeeze as Bearish Positions Skyrocket

Ethereum (ETH) trades at $2,652 with short positions up 13,000% on Bitfinex. Whales accumulated $864M worth of ETH as key resistance looms at $2,722-$2,822.

Bitfinex-Linked Ether Short Index Shows Approximately 73,056 ETH

The index rose by more than 53,800 ETH, or roughly 280%, in one week as Ether traded near $2,670.

Bitfinex reports massive surge in ETH short positions as bearish bets pile up

Ethereum short positions on Bitfinex hit a 51-month high near 73,056 ETH, raising short squeeze concerns as ETH trades around $2,670 after an 86%