Investor sentiment towards Ethereum (ETH) has notably decreased in recent times. This shift is evidenced by a record increase in short positions within the futures market, indicating a growing lack of confidence among investors.

Recent data reveals that short positions have surged over 500% since November of the previous year, reaching an all-time high of 11,341 contracts. This dramatic rise in short selling reflects the concerns surrounding Ethereum’s performance.

Ethereum has faced a significant decline, with a 37% drop in value occurring within just 60 hours. This decline has led to the loss of over $1 trillion in market assets. Currently, Ethereum’s trading price is 45% lower than its all-time high from November 2021, raising concerns about the possibility of ongoing market volatility.

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