Jito Labs hires Rebecca Rettig as first chief legal officer
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Ether underperforms as hedge funds ramp up short positions, analysts say
Ether has struggled to break out of its long-standing trading range, with hedge fund short positioning playing a key role in capping its price movement, according to analysts.Despite strong trading volume and recent surges in activity, structural weaknesses and competition from alternative networks have left ether vulnerable to ongoing bearish sentiment, an analyst said.
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