Ethereum, the second-largest cryptocurrency by market capitalization, is facing a growing risk of a short-squeeze that could potentially help its price surge. The cryptocurrency’s futures market is showing signs of extreme leverage, indicating that a significant number of traders are betting on a continued price decline. If Ethereum’s price were to surge unexpectedly, these traders […]
Ethereum’s Futures Market Shows Signs of Short-Squeeze Risk as Leverage Hits Dangerous Levels
October 25, 2024
Crypto Globe