Ethereum price faces pressure as short positions reach record highs, while market volatility leads to massive crypto selloff.

The record short interest is led by carry trades and some amount of outright bearish bets on the second-largest ...

What Happened: In an X post on Sunday, capital markets commentator The Kobeissi Letter highlighted that short positioning in Ethereum has surged by 40% in just one week and by a staggering 500% ...