🔥 Hedge funds are putting pressure on Ethereum: what's going on?
Ethereum is stuck in the $2,500–$4,000 range and can't grow while Bitcoin is updating its highs. Why is that?
🔹 Hedge funds are massively shorting ETH
Bets on a fall have grown by 500% since November 2024. There have never been so many short positions!
🔹 Traders are moving to other networks
Ethereum's high fees are scaring away users, while competitors like Solana and others are actively developing.
🔹 NFT boom is over
Previously, the NFT sector fueled activity on the network, but now trading volumes have fallen.
If Ethereum does not accelerate its development, it risks falling behind its competitors.
