CoinWorld reported on August 20 that after Ethereum's recent price surpassed 4000 USD, hedge fund short positions surged. On August 5, short positions reached 2.3 billion USD and have now risen to 4.19 billion USD, setting a new historical high. Meanwhile, asset management companies hold 1.22 billion USD in long positions, with unreported positions totaling 77.5 million USD. The net short position in the 'others' category is -397.5 million USD. Analysts believe that the increase in short positions may trigger a short squeeze, thus intensifying price volatility.