<ul data-eligibleForWebStory="true"><li>Ethereum traders are heavily shorting the cryptocurrency, with net leveraged short positions reaching an all-time high of 11,057 contracts.</li><li>Despite the bearish sentiment, the significant short exposure could lead to a short squeeze if the price starts to rise, triggering forced liquidations and potential sharp increases in ETH value.</li><li>Currently, Ethereum is trading around $2,440, showing a decline in price over the past 24 hours and week, with reduced trading volume indicating possible trader fatigue.</li><li>With the record high short positions, Ethereum is at a critical point where a bullish catalyst could cause a swift and intense market reaction, making it one of the most volatile setups in the quarter.</li></ul>

Ethereum Bears Stack Record Shorts – Is a Massive Squeeze Around the Corner?

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