2026-03-06 01:16:38

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$ETH ‌

ETH-0,53%

GateNews

2026-03-06 01:03:34

Culper Research announces short positions on ETH and related securities, claiming that Fusaka's upgraded token economic model has been damaged

Short-selling firm Culper Research announced that it is shorting Ethereum and related securities, believing that the Fusaka upgrade in 2025 will harm the ETH tokenomics model. The upgrade resulted in a larger-than-expected decrease in Gas fees, and on-chain data shows that the growth in active addresses and transaction volume is driven by low-value transactions. Culper believes Vitalik is aware of this and will continue to sell ETH, expecting ETH prices to decline further.

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