Ether drops below $2,000 amid heavy selling pressure, yet futures open interest hits a record high. This divergences suggests aggressive shorting. Ether has fallen below $2,000 for the first time since March amid rising risk aversion, with losses of nearly 8% over the past week. Open interest in ether futures has hit a record high even as prices drop, a combination that suggests aggressive leveraged selling and a bearish market tilt. Investor sentiment toward ether has soured, with U.S. spot ET…
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