Ethereum outperforms Bitcoin:
Half a billion dollars in losses for short speculators in a week
Over the past week, the digital currency market witnessed a prominent event led by Ethereum, when it imposed itself as a winning power superior to Bitcoin, causing huge losses to short speculators, who bet on the currency's decline.
According to The Currency Analytics, the rise in the price of Ethereum caused what is known as "short squeeze buying pressure" (short squeeze), as they were forced to urgently close their cumulative positions, leading to losses estimated at about $500 million within a short period
What exactly happened?
- On June 16, 2025, the Ethereum market recorded a sudden shift, with
- the price rising above $2,400, although the market was net of bear bets.
- This sharp rise forced short speculators to compulsorily buy currency to
cover their positions, adding to the upward momentum
The result?
- Billions of dollars in futures positions were surveyed, which restructured
- the market by eliminating over-leveraged positions, giving the market
- more stable "breathing" as trader sentiment shifted toward optimism
Ethereum outperforms Bitcoin
While Ethereum rose strongly driven by this mass liquidation of positions, it seemed that Bitcoin could not keep up with the pace of this rise with the same strength, which brought attention back to Ethereum's ability to lead upward movements, despite its second ranking after Bitcoin in terms of market capitalization.
This price superiority and the hurricane caused by "buying pressure" have made Ethereum the focus of attention and proven that it is able to outperform its older counterpart in times of sharp fluctuations.
Technical signals and future expectations
- An analyst from CryptoQuant
- as quoted by The Currency Analytics
- indicates that Ethereum is approaching a technical critical point
which represents the 50-week weekly moving average level.
This level previously marked the starting point for significant increases in October 2023 and November 2024, and although the price remains below this average, its approach to it is a strong indicator of the possibility of a new upward wave if it is decisively breached
Conclusion
Last week showed us that Ethereum can outperform Bitcoin
not just in volume or technology, but in the strength of market momentum.
- The losses of half a billion dollars for short speculators indicate
- the severity that sudden price movements can cause, and the importance of
- risk management and financial balance in high-leverage markets.
If Ethereum succeeds in breaking through the long-term moving average, it could signal the beginning of a new bullish phase, in which the currency may see dominant power over Bitcoin for the first time this year.