💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
Analysis: Hedge funds' shorting positions on Ethereum hit a new high, which may trigger a short-term squeeze.
PANews, August 20 - According to The Block, following Ethereum’s price surpassing $4,000, hedge funds have significantly increased their short positions. On August 5, the size of short positions reached $2.3 billion and has now risen to $4.19 billion, a historical high. Meanwhile, asset management institutions hold long positions amounting to $1.22 billion, with unreported positions at $77.5 million, and net shorts in the “other” category at -$397.5 million. Analysts suggest that the high level of short positions may trigger short-term squeezes, driving price fluctuations.