What Really Caused the Ethereum Price Drop
Bitmex added perpetual swaps on Ethereum. In English: they created a way to short Ethereum with high leverage.
Bitmex added perpetual swaps on Ethereum. In English: they created a way to short Ethereum with high leverage.
Another way to look at it:
What really caused Ethereum price to be so high?
No one could short it, as you can with other most other publicly traded assets that have scaled.
I don’t know the answer, but it’s a reasonable question to ask