Coinbase’s Research Director has publicly refuted recent assertions about the establishment of the largest short position in Ethereum (ETH) history, labeling such claims as significantly overstated.
The director emphasized the crucial need for accurate market insights, noting that misrepresentations of ETH positions could distort perceptions of market dynamics and risk exposure. Proper assessment of derivative activities remains essential for market transparency.
As part of broader efforts to combat misinformation, Coinbase encourages investors to seek verified cryptocurrency updates through credible social media channels, including Twitter and Telegram.