Ethereum Whale Opens $100M Short Position as ETH Fails to Reclaim $2150 

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The post Ethereum Whale Opens $100M Short Position as ETH Fails to Reclaim $2150  appeared first on Coinpedia Fintech News

Ethereum, the world’s second-largest cryptocurrency, has slipped into bearish territory after falling to around $2,117. While Bitcoin has managed to recover from its recent dip, now trading above $77,200. The weakness comes as institutional outflows continue, while an ETH whale quietly opens a massive $100 million short position against Ethereum. Many are now wondering whether …