Why are Hedge Funds Short ETH CME Futures. Is it Carry Trade or Outright Bearish Bets?
The record short interest is led by carry trades and some amount of outright bearish bets on the second-largest cryptocurrency. Updated Feb 11, 2025, 2:03 p.m. UTCPublished Feb 11, 2025, 7:58 a.m. UTC What to know: ETH CME futures show a record…