Big news about Ethereum (ETH), the second biggest cryptocurrency! Think of it like a super valuable digital coin. Lately, some big investors are betting *against* Ethereum, hoping its price will go down. This is called 'short selling'.
But, some other investors are still buying Ethereum, so it's a bit of a tug-of-war.
What does it all mean? No one knows for sure, but there are different guesses.
- Big investors are betting against Ethereum.
- Ethereum's price has gone down a lot lately.
- Some people think the price might go up soon because of all the bets against it.
- Other experts have different predictions, some saying the price could go much higher next year.
| Fact | Number |
|---|---|
| How much has short selling increased since November? | 500%! |
| How much did Ethereum's price fall in 60 hours earlier this month? | 37% |
| Current Ethereum price | $2,661 |
| Possible future price (high prediction) | $8,000 |
