Ethereum short positions surge 500% as hedge funds bet on decline
Ethereum may also lack fundamental blockchain activity for an Ether price recovery, analysts told Cointelegraph.
![Ethereum short positions surge 500% as hedge funds bet on decline](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDEvMDE5NGFiMDEtMGNlZS03NGUwLTg0NjMtZTdmNTNkM2ZjY2Vi.jpg?#)
Ethereum may also lack fundamental blockchain activity for an Ether price recovery, analysts told Cointelegraph.