Aug 18, 2025
Bitcoin, Ether set for squeeze as traders go record short ETH at $4.3K
Bitcoin and Ether draw late shorts as price action begins to target liquidation clusters after a cross-crypto price drawdown.
Key points:
Bitcoin attempts a rebound into a cluster of shorts as market expectations flip bearish on BTC and altcoins.
Speculative ETH traders form the largest-ever leveraged short postion, per data from CME Group.
Source: Cointelegraph →Related News
- 2 hours ago
Bitwise exec predicts Solana will become Wall Street’s preferred stablecoin net...
- 6 hours ago
Stablecoins will force 'everyone' to share yield — Stripe CEO
- 7 hours ago
Blockchain network revenues declined 16% in September: Report
- 10 hours ago
Tokenizing stocks of DATs compounds investor risk: Crypto execs
- 13 hours ago
XRP slides below $3: How low can the price go next?