📉 $ETH Shorts Just Hit Record Lows -18,438 Contracts 👀



This chart says it all: leveraged traders are massively short on Ethereum right now.
We’re at the deepest net short position in CME history for #ETH# futures.

What this means:
🔹Everyone’s leaning bearish
🔹Crowded trade = vulnerable setup
🔥 If ETH starts moving up, shorts could face a brutal short squeeze

Pair this with:
🔹 ETH doing double BTC’s trading volume in the last 24h
🔹Fresh $2B USDT liquidity printed
Altseason index turning up

This might just be the perfect storm.
When positioning gets this lopsided… the market usually punishes the majority.

👀 Don’t underestimate what a short squeeze on ETH could look like.

#Gate July Transparency Report# #Fed Ends Novel Activities Supervision#
ETH5.04%
NET-1.99%
IN1.01%
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GateUser-6eaef287vip
· 08-18 16:25
Which platform is this image from?
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