Vernal founder Du Jun has cautioned against shorting Ethereum, describing it as a "foolish" move. His comments come in response to Kerrisdale Capital's announcement to short Ethereum treasury company BitMine. Du Jun emphasized that while shorting premium treasury companies like BMNR might be feasible, Ethereum should not be underestimated in the current market environment.
Du Jun Advises Against Shorting Ethereum Amid BitMine Shorting
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