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Home ยป Peter Brandt Initiates Short Position on Ethereum Futures
Cryptocurrency

Peter Brandt Initiates Short Position on Ethereum Futures

By adminMay. 11, 2024No Comments1 Min Read
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Peter Brandt Initiates Short Position on Ethereum Futures
Peter Brandt Initiates Short Position on Ethereum Futures
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Brandt revealed that he opted to take a bearish stance on Ethereum futures as the weekend neared. However, an interesting caveat emerged. Brandt stressed that he refrains from initiating short positions in spot transactions due to the elevated counterparty risk. It is widely acknowledged that Brandt typically assumes short positions in Ethereum because he foresees no potential for the cryptocurrency ETH to experience a surge in the foreseeable future. Stay informed on the latest technology news by visiting NEWSLINKER.

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