The short seller firm said that Ethereum’s native token is “impaired,” leaving treasury firm BitMine holding the bag while co-founder Vitalik buterin is selling.
Short seller Culper bets against ether, Tom Lee’s BitMine citing ‘death spiral’ risk
The short seller firm said that Ethereum's native token is "impaired," leaving treasury firm BitMine holding the bag while co-founder Vitalik buterin is selling.
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Support has been established at $3.74, with resistance at the $3.83 level.
Point72, the $34 billion hedge fund of billionaire and owner of the New York Mets, Steven Cohen, held $77.5 million of the Fidelity Wise Origin Bitcoin Fund (FBTC) as of
BNB has surpassed SOL to become the fifth-largest cryptocurrency by market capitalization.
The cryptocurrency is trading below key ETF cost levels and nearing its pre-election price floor as inflows to these vehicles fade and headwinds build, the bank said.