Ethereum under pressure: Smart money increases short positions by 21 million, ETF sees outflows exceeding 100 million for two consecutive days

TokenomicsTrapper · 2025-12-07T09:08:18+00:00

Ethereum's recent trend is unclear, with top traders adding $2.8 million in short positions on the Hyperliquid platform, bringing net shorts to $21 million. Meanwhile, spot Ethereum ETFs continue to see outflows, putting short-term pressure on ETH.

TokenomicsTrapper

2025-12-07 09:08:18

Abstract generation in progress

[Chain News] The recent movement of Ethereum has become a bit hard to understand. On-chain data shows that top traders, known as “smart money,” on the Hyperliquid platform have added another $2.8 million in short positions in the past 24 hours. Their accumulated net ETH shorts have now reached over $21 million, indicating that they remain bearish in the short term.

What’s even more noteworthy is the situation with ETFs. According to tracking data from Nansen, spot Ethereum ETFs have seen outflows for two consecutive days—$75.2 million flowed out on Friday alone, and $41.5 million the previous day. Keep in mind that ETFs have been an important source of Ethereum liquidity, so this persistent outflow suggests that institutional capital is hesitating.

With whales shorting and institutions pulling back, the combined signals mean ETH is indeed facing significant short-term pressure.

ETH0,92%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

21 Likes

Reward
21
7
Repost
Share

Comment

0/400

PensionDestroyer

· 2025-12-10 08:33

Smart money is being smashed, institutions are also running away, ETH is going to be cold

View OriginalReply0

JustHodlIt

· 2025-12-10 07:09

Smart money is crazy shorting, and institutions are still running away, this rhythm is very amazing...

View OriginalReply0

LayoffMiner

· 2025-12-07 09:34

Smart money is increasing their short positions... In my opinion, they're just setting a trap for retail investors. I heard ETFs have seen outflows for two consecutive days, now that's really scary. Institutions are all running away, and we're still here catching the falling knife? That's laughable. There's $21 million in short positions piling up, this pressure... it's starting to feel overwhelming. ETFs lost $75.2 million, and the day before that another $41.5 million left, damn, this trend is off. Short term is really looking risky, gotta keep our cool, brothers. This wave will probably dip further...

View OriginalReply0

On-ChainDiver

· 2025-12-07 09:27

Smart money is dumping, and ETFs are fleeing—this wave really does seem a bit risky. --- $21 million in short positions piling up... this scene is pretty insane. --- Are institutional funds hesitating? Then what are us retail investors still waiting for, haha. --- Two consecutive days of outflows, looks like everyone is betting on a drop—feeling a bit exhausted. --- This pace... feels like the bears are getting a bit too arrogant. --- ETFs keep withdrawing, smart money is shorting too, I honestly can't figure out who's buying the dip.

View OriginalReply0

ChainSpy

· 2025-12-07 09:26

Smart money is dumping, institutions are leaving, now ETH really can't hold on anymore.

View OriginalReply0

Fren_Not_Food

· 2025-12-07 09:22

Smart money is dumping, and I'm still catching falling knives, haha.

View OriginalReply0

AirdropGrandpa

· 2025-12-07 09:19

All the smart money is adding to their short positions, I really don’t get it anymore—they must be extremely pessimistic.