ETH Shorts Skyrocketing, Is Ethereum Crashing to “near-zero” as Vitalik had Reminded

Ethereum price is currently trading around $90 while being down more than 93 percent from its peak. The market sentiments are tilting towards more pain incoming as ETH shorts reach its all-time high (ATH).

“No One Wants ETH”, Ethereum Shorts Reaching the Moon

Ethereum has dropped down to two digits with yesterday’s crash. Briefly touching $84, ETH has come to its 19-month lowest. At the time of writing, the third largest cryptocurrency by market cap of $9.6 billion has been trading at $92 with 24-hours gains of about 7 percent. In the BTC market, ETH is in the green by about 6 percent.

Ethereum 1-month price chart, Source: Coinmarketcap

Despite the severe downfall, ETH registered…

Read Full Story : Coingape

2018-12-08 07:35:51

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