[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  MartyParty [@martypartymusic](/creator/twitter/martypartymusic) on x 222K followers Created: 2025-07-05 17:37:51 UTC CMEGroup @CMEGroup speculators have taken one of the largest short positions in #Ethereum futures in history since Jan 2025. @grok: The claim that speculators have taken one of the largest short positions in Ethereum futures on CME Group since January 2025 aligns with reports from early 2025. Specifically, hedge funds and other speculators have been noted to hold significant short positions, with over XXXXXX short contracts reported by some sources, driven partly by carry trades and bearish bets. This is supported by posts on X and articles indicating a record short interest, particularly highlighted in February 2025, where carry trades (selling CME Ether futures while buying spot ETFs like ETHA) and outright bearish positions were cited as key drivers. Insiders and large players might anticipate a price drop or are positioning for a specific event. While possible, the short interest is largely explained by carry trades exploiting the basis between futures and spot prices, not necessarily insider knowledge. However, some outright bearish bets reflect skepticism about Ethereum’s performance compared to other chains like Solana. Short interest on Ethereum is at historic highs, with $470M in short positions correlating with $480M in ETF inflows. This supports the carry trade narrative but also highlights potential vulnerability to a squeeze if Ethereum’s price rises unexpectedly. Summary: - they know something - hedge funds are implementing the basis trade - numbers don’t lie  XXXXXX engagements  **Related Topics** [hedge](/topic/hedge) [ethereum](/topic/ethereum) [coins layer 1](/topic/coins-layer-1) [$cme](/topic/$cme) [stocks financial services](/topic/stocks-financial-services) [Post Link](https://x.com/martypartymusic/status/1941552115870204083)
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MartyParty @martypartymusic on x 222K followers
Created: 2025-07-05 17:37:51 UTC
CMEGroup @CMEGroup speculators have taken one of the largest short positions in #Ethereum futures in history since Jan 2025.
@grok: The claim that speculators have taken one of the largest short positions in Ethereum futures on CME Group since January 2025 aligns with reports from early 2025. Specifically, hedge funds and other speculators have been noted to hold significant short positions, with over XXXXXX short contracts reported by some sources, driven partly by carry trades and bearish bets. This is supported by posts on X and articles indicating a record short interest, particularly highlighted in February 2025, where carry trades (selling CME Ether futures while buying spot ETFs like ETHA) and outright bearish positions were cited as key drivers.
Insiders and large players might anticipate a price drop or are positioning for a specific event. While possible, the short interest is largely explained by carry trades exploiting the basis between futures and spot prices, not necessarily insider knowledge. However, some outright bearish bets reflect skepticism about Ethereum’s performance compared to other chains like Solana.
Short interest on Ethereum is at historic highs, with $470M in short positions correlating with $480M in ETF inflows. This supports the carry trade narrative but also highlights potential vulnerability to a squeeze if Ethereum’s price rises unexpectedly.
Summary:
- they know something
- hedge funds are implementing the basis trade
- numbers don’t lie
XXXXXX engagements
Related Topics hedge ethereum coins layer 1 $cme stocks financial services