Ethereum short positions continue to increase, with a trader holding over 20,000 ETH and an unrealized loss of nearly $720,000.

【Crypto World】 Traders are continuously building Ethereum short positions. According to the latest data, this trader’s ETH short holdings have increased to 21,820.69 ETH, worth approximately $65.51 million. However, based on the current market performance, this short position is still in loss, with an unrealized loss of $719,000.

This ongoing increase in short positions reflects differing expectations among market participants about the future trend. On one hand, the persistent bearish sentiment is adding to the short positions; on the other hand, attention should be paid to the potential impact of such large-scale positions in the market. The future price movement remains to be seen.