In a recent statement, renowned investor, Brandt, disclosed his weekend strategy, opting for a brief exposure to Ethereum futures, but with a crucial twist. Contrary to the conventional approach, he made it clear that he refrains from shorting in spot transactions, citing the significant risk associated with counterparty exposure. Brandt’s choice to bet against Ethereum’s rise is rooted in his belief that the cryptocurrency, ETH, is unlikely to witness a substantial upward trajectory in the near future.
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