[Coin World] On August 20, it was reported that after Ethereum's price recently broke through $4000, short positions in hedge funds surged. On August 5, short positions reached $2.3 billion and have now risen to $4.19 billion, setting a new historical high. Meanwhile, asset management companies hold $1.22 billion in long positions, with unreported positions totaling $77.5 million. The net short position in the "other" category is -$397.5 million. Analysts believe that the increase in short positions could trigger a short squeeze, thereby exacerbating price fluctuations.