Ethereum’s price surged in early May 2025, exceeding the $2,600 mark and reaching a high of over $2,600. According to data from CF Benchmarks, this jump was largely […]
CF Benchmarks: Ethereum’s Rise Driven By Short Covering, Not Bullish Bets
While Ethereum (ETH) has seen a significant price surge recently, there is debate about the factors driving this rally. CF Benchmarks suggests a different explanation than some analysts […]
Short Covering Fueled Ethereum Price Surge, Says CF Benchmarks CEO
CF Benchmarks CEO Sui Chung suggests that the recent surge in Ethereum’s price is primarily driven by short covering rather than new bullish investments. According to Odaily, Mr. […]