Ether short positions surge 13,000% as price nears resistance zone

Verifying
  • Traders increased short positions on Ether as its price neared a resistance zone.
  • Short exposure rose about 13,000%, from just over 771 ETH to above 101,000 ETH.
  • Ether fell about 1.5% while approaching the $2,722-to-$2,822 resistance range.
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