Eric Trump Warns Against Shorting Ethereum and Bitcoin: Market Rally Fuels $208M Liquidations

In a statement echoing the recent surge in crypto markets, Eric Trump issued a warning to short sellers of Ethereum and Bitcoin on August 8th. His social media post aligns with a significant market rally, potentially impacting investor strategies and leading to substantial asset liquidations exceeding $208 million. Trump’s public stance on X has been met with mixed reactions, prompting the price of both assets to surge even further.