$ETH shorts at ATH. Either we get a major upward squeeze or we continue to grind down. Fundamentally, Institutional demand for ETH is still high and we shall wait and see whether the insti inflows can outweigh the ETH shorts piling in. Either way, I reduced my ETH position that i accumulated since July. Waiting until we see a clearer direction play out. I din't catch the top but I'm still satisfied that i rode my leveraged ETH position from 3.5k to 4.3k. Re-directing my flows into $MNT which I'm comfortable as a long term hold. The grind continues. Peace.
Cointelegraph
Cointelegraph18.8. klo 13.00
🚨UPDATE: Ethereum’s leveraged short positions hit a record-high.
45,06K