Traders rush to short Ether as Grayscale pulls its futures ETF plan
A 3% rebound in Ether’s price would wipe $345 million in short positions amid Grayscale withdrawing its Ether futures ETF application.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A 3% rebound in Ether’s price would wipe $345 million in short positions amid Grayscale withdrawing its Ether futures ETF application.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Tether’s $120 million Uruguay mining failure now shadows its next Bitcoin bet in Brazil
Tether’s abandoned Bitcoin mining venture in Uruguay, where a former contractor estimated spending reached about $120 million acro...
Bitcoin, Ether ETFs Add $453 Million as 6-Day Streak Extends
Bitcoin and ether ETFs extended their inflow streaks to six sessions on Monday, drawing $337.56 million and $115.57 million, respe...
Bitmine Is 187,000 ETH Away From Owning 5% of All Ethereum, And It Just Got a Lot Closer
In the latest Ethereum news today, Bitmine is 187,000 ETH away from owning 5% of the entire Ethereum supply, and last week’s buy c...
Bitcoin short squeeze unfolds as futures open interest collapses
The short squeeze highlights the volatility and fragility of crypto markets, emphasizing the impact of macroeconomic shifts on tra...
Bitcoin News: ETF Demand and Short Covering Power August Rally
Bitcoin rose above $80,000 today, reaching more than a three-month high as softer U.S. dollar news revived momentum in the crypto...
Bitcoin (BTC) Price Prediction: $80K Breakout Sets Sights on New Upside Targets as Bullish Wave 3 Emerges
The move has placed the Bitcoin price back at a key technical level, while renewed spot demand and stronger exchange-traded fund (...