Key takeaways:
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ETH derivatives positioning shows large traders increasing long exposure as sentiment stabilizes despite ongoing weakness in broader risk markets.
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Public companies holding sizable ETH reserves continue to trade at discounts, signaling investors still lack conviction in a near-term recovery.
Ether (ETH) faced a sharp 15% drop Wednesday to Friday, falling to $2,625, its lowest level since July. The move wiped out $460 million of leveraged ETH bullish positions in two days and…
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