May 16, 2025

Ether Bears Are Done and That’s Fueling ETH’s Surge, Crypto Benchmark Issuer Says

Ether’s ETH$2,611.58 rally, though impressive, leaves much to be desired. That’s because the unwinding of shorts is said to be fueling the rally, not fresh longs or bullish leveraged bets on the Chicago Mercantile Exchange (CME).”The rally is primarily …

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