From Investing.com

February 11, 2025 05:52 AM:

Ether stock is facing challenges as hedge funds are increasing short bets against the cryptocurrency. This has led to a decrease in its value, with investors concerned about the future of Ether. The short bets are causing uncertainty in the market, leading to increased volatility in the price of Ether.

Read more at Investing.com: Ether stock struggles amid hedge fund short bets