📌 Trader Shorts $1 Million In Ethereum: ‘The Rally May Never Materialize, It’s a Bear Market’ – Ethereum (CRYPTO: ETH) has dropped about 10% over the past month, sparking doubts about the sustainability of its rally as some traders short the altcoin. read more
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A trader reportedly opened a $1M short in Ethereum as #ETH has dropped roughly 10% over the past month, fueling doubt the recent rally can sustain. Derivatives flows show rising bearish bets and traders warn the move could signal a deeper correction amid macro and regulatory headwinds: “the rally may never materialize — it’s a bear market.”
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