Short seller firm Culper has taken a bearish position on Ethereum, citing concerns about ETH being “impaired” and citing potential “death spiral” risks. The move comes as treasury firm BitMine holds significant ETH positions, and amid reports that Ethereum co-founder Vitalik Buterin has been selling. ETH is currently trading at $2,092.21. The short positioning reflects ongoing debate within the crypto community about Ethereum’s long-term viability and protocol sustainability.
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