CME Ethereum Short Positions Hit All-Time High

Source
Son Min

Summary

  • Cointelegraph reported that the leveraged short positions in Ethereum on CME have reached an all-time high.
  • Cointelegraph shared the news of this new leveraged short position record on X (formerly Twitter).
  • According to Binance USDT market data, the price of Ethereum is trading at $4,249, down 4.75% from 24 hours ago.

The size of leveraged short (sell) positions on Ethereum has reached an all-time high.

On the 18th (local time), Cointelegraph reported on X (formerly Twitter), "According to data from the Chicago Mercantile Exchange (CME), the size of leveraged short positions on Ethereum has set a new record."

As of 3:49 PM, according to the Binance USDT market, Ethereum is trading at $4,249, down 4.75% from 24 hours ago.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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