Cryptocurrency Q&A Why did Ethereum drop?

Why did Ethereum drop?

CherryBlossomGrace CherryBlossomGrace Wed Dec 25 2024 | 6 answers 1046
I noticed a significant drop in the price of Ethereum recently and I'm wondering what caused this decrease. Is it related to market conditions, specific events, or other factors affecting the cryptocurrency? Why did Ethereum drop?

6 answers

CryptoGuru CryptoGuru Fri Dec 27 2024
Short positions have increased relative to long positions.

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InfinityVoyager InfinityVoyager Fri Dec 27 2024
The increase in short positions has impacted ETH prices.

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Dario Dario Fri Dec 27 2024
The aggregated premium of futures positions has undergone a significant change.

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Bianca Bianca Fri Dec 27 2024
ETH prices have fallen below the $4,000 threshold.

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Raffaele Raffaele Fri Dec 27 2024
BTCC, a top cryptocurrency exchange, offers a range of services.

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