BREAKING
216d 17h ago

Coinbase Research Director Debunks Myth of Largest ETH Short Position in History

ETH

ETH/USDT

$2,113.64
-7.22%
24h Volume

$37,939,871,804.04

24h H/L

$2,293.99 / $2,068.20

Change: $225.79 (10.92%)

Long/Short
79.4%
Long: 79.4%Short: 20.6%
Funding Rate

+0.0040%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,087.22

-2.84%

Volume (24h): -

Resistance Levels
Resistance 3$2,820.15
Resistance 2$2,294.17
Resistance 1$2,149.26
Price$2,087.22
Support 1$2,068.20
Support 2$1,940.12
Support 3$1,532.78
Pivot (PP):$2,109.73
Trend:Downtrend
RSI (14):22.5

Coinbase’s Research Director has publicly addressed recent claims regarding the purported “largest short position in ETH history,” categorizing these assertions as significantly overstated. The expert emphasized that while short positions in Ethereum markets do exist, the scale and impact have been misrepresented in various reports. This clarification is crucial for investors seeking accurate insights into ETH market dynamics and risk exposure. By dispelling inflated narratives, Coinbase aims to foster a more transparent understanding of Ethereum’s trading landscape, enabling market participants to make informed decisions based on verified data rather than sensationalized figures.

Share News:
Don't Miss Breaking News