LD Capital Founder: The short squeeze market may drive ETH to reach $3000

Golden Finance reported that JackYi, the founder of LD Capital and the whale, published the simplest reason for ETH bullishness on X, “The current CME short position is worth $1.3 billion, the AAVE short position is worth $1 billion, the short position of various trading platforms is about $3 billion, and a total of about $5 billion of ETH short orders will be shorted, and the short market may prompt ETH to reach $3,000, or even $3,500 to $4,000, which is holding 100,000 ETH.” The core reason for a call option. ”

ETH-3.4%
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