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Culper Research Reveals Short Position on Ethereum and BitMine, Predicts Further ETH Price Drop

Culper Research Reveals Short Position on Ethereum and BitMine, Predicts Further ETH Price Drop

BlockBeatsBlockBeats2026/03/06 01:11

BlockBeats News, March 6th, Culper Research, a US-based aggressive short seller, announced that it has shorted Ethereum and related securities, including BitMine, the largest Ethereum treasury company.


Culper Research believes that Ethereum's tokenomics will be compromised after the Fusaka upgrade in December 2025. Ethereum's founder, Vitalik Buterin, has recognized this issue and is selling off, while Ethereum supporter Tom Lee is taking a "knowing violation." Culper Research predicts that the ETH price will further decline.

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