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Hedge Funds Go All-In: Ethereum Short Positions Hit Record Highs Amid Basis Trade Frenzy
Hedge Funds Go All-In: Ethereum Short Positions Hit Record Highs Amid Basis Trade Frenzy
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Wall Street's crypto playbook just got riskier—hedge funds are piling into Ethereum shorts like it's 2021 all over again. The basis trade is back, and it's hungry.
When sophisticated money bets against ETH, retail traders should pay attention. But let's be real—most will FOMO in at the top anyway.
The mechanics? Simple: exploit price gaps between spot and futures markets. The irony? These same funds will lecture you about 'market efficiency' while gaming the system.
One hedge fund manager quipped (anonymously, of course): 'We're not short Ethereum—we're just long volatility.' Sure you are. Just like you were 'long blockchain' during the ICO craze.
Will this end in tears or triumph? Place your bets—the house always wins.
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