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Ether Sees Record Short Build up as Hedge Funds Pile on Basis Trade
coindesk.com/markets/2025/07/14/ether-sees-record-short-build-up-as-hedge-funds-pile-on-basis-trade
Hedge funds have been aggressively shorting ether (ETH) during the recent uptick to $3,000 as they attempt to harvest a yield by carrying out a basis trade.
Hedge funds are shorting ether to the tune of $1.73 billion on the CME, a venue favored by institutional traders, according to data…
This story appeared on coindesk.com, 2025-07-14 10:49:31.