Market leverage surges, Ethereum shorts reach historic high
The open contracts of Ethereum futures have exceeded 20 billion US dollars, setting a new record and highlighting the intensification of speculative activities. The rise in short positions indicates that more and more traders are betting on the price drop of Ethereum. At the same time, it is estimated that the leverage ratio (ELR) has reached its peak, reflecting a higher dependence on borrowed funds - this method amplifies the possibility of rapid liquidation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Lighter falls 11% after Bitwise’s LIT ETP launch – But there’s a catch!
To fit more HBM into chips, Nvidia accelerates advancement of glass substrate technology
German equipment manufacturer SCHMID has disclosed that it is collaborating with core firms in the supply chains of Intel, Nvidia, and AMD to develop glass substrate production equipment. Glass substrates are expected to replace silicon interposers, enhancing packaging density and data transmission capacity, and allowing for the integration of more HBMs. However, obstacles remain in the TGV metallization process, end-customer certification has not yet been completed, and large-scale commercialization will still take time.
Soma Gold Appoints New President
Crypto prices
More
