Du Jun Warns Against Shorting Ethereum Amid Institutional Flows

Ethereum, bolstered by strong institutional flows, is facing a cautionary message from industry veteran Du Jun. According to the founder of Vernal, short-selling Ethereum itself is unwise due to its current market structure and stability fueled by institutional investment. While he considers shorting treasury stocks like BMNR acceptable, Du Jun believes this approach is viable but shunning ETH as an investment strategy is a grave mistake.