Ethereum (ETH) has recently experienced a significant increase in short positions, with hedge funds expressing bearish sentiments. According to reports, short positions on Ethereum have surged by 500% since November 2024, reaching new highs.
This surge in short selling has added downward pressure on Ethereum's price. For instance, on March 12, 2025, a whale who shorted 5,000 ETH at a price of $1,917 incurred a loss of $489,000 when the price increased by 5% to $2,015.
As of March 25, 2025, Ethereum is trading at $2,057.65, reflecting a decrease of 0.371% from the previous close. The intraday high has been $2,103.27, and the intraday low $2,039.76.
It's important to note that while short positions can indicate bearish market sentiment, they also carry significant risks, including the potential for short squeezes, which can lead to rapid price increases.