Ethereum (ETH), Bitcoin (BTC) Short Positions on Bitfinex Point to Volatility


Ethereum (ETH) is at a crossroads, with traders making dramatic bets on its price direction in the coming weeks. Bitcoin (BTC) also saw short positions suggesting bearish moods.

Short positions on Ethereum kept growing to a record in the past 10 days. New short positions are constantly opened, betting on an upcoming slide in ETH once again to under $200.

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