Chart for ETCUSDShorts (1W)
The whole cryptocurrency market is exploding. Bitcoin (BTC) shorts saw a 20% decline. The same goes for Ethereum (ETH) which declined more than 20%. Ripple (XRP) shorts declined around 18%. Ethereum Classic (ETC) shorts climbed 20%! What?! Even though the price of Ethereum Classic (ETC) climbed above $ 10 with a 8% growth, the number of shorts climbed even higher. Why is Ethereum Classic (ETC) behaving differently than the rest of the market? Why is somebody trying so hard to keep the price of Ethereum Classic (ETC) down? Let us take a moment to examine why.