PANews August 20 news, according to The Block report, recently after the Ethereum price broke through $4,000, hedge fund short positions surged, with short positions reaching $2.3 billion on August 5, now increased to $4.19 billion, a record high. Meanwhile, asset management institutions hold long positions of $1.22 billion, with unreported positions at $77.5 million, and the 'other' category has a net short of -$397.5 million. Analysts say that high short positions may trigger short-term squeezes, driving price fluctuations.