Eric Trump has warned merchants towards shorting Bitcoin and Ethereum. His remarks got here because the Ethereum edges nearer to its all-time excessive, fuelled by a wave of company treasury acquisitions and excessive profile endorsements.
Eric Trump Has A Warning for Bears
Eric Trump took to X to have fun a pointy rally within the Ethereum at present. He declared it “a smile-inducing moment” to see brief sellers squeezed out of their positions.
It places a smile on my face to see ETH shorts get smoked at present. Stop betting towards BTC and ETH – you can be run over.
— Eric Trump (@EricTrump) August 8, 2025
Notably, in line with Lookonchain data, one high-profile dealer suffered over $15 million in losses because the Ethereum worth surged previous $4,200, triggering the complete liquidation of his holdings. CoinGlass figures confirmed that greater than $120 million in brief positions had been worn out in simply 24 hours.
This Ethereum surge got here after company treasuries collected the token in massive portions. As beforehand reported by CoinGape, public companies hold over $11.7 billion worth of ETH. BitMine Immersion Technologies leads the pack with 833,000 ETH valued at round $3.2 billion, aiming to manage 5% of all circulating provide.
This shouldn’t be the primary time Eric has shared his bullish outlook and he’s fairly vocal about his crypto predictions particularly Ethereum. During the current crypto market crash he advised his followers to buy the dip and particularly Ethereum.
Institutional Demand Skyrockets for Ethereum
According to CoinMarketCap data, the Ethereum has surged by 8% previously 24 hours, outperforming Bitcoin’s 1.19% achieve. The transfer extends a 49% month-to-month rally fueled by altering provide dynamics.
Notably, spot Ethereum ETFs within the U.S. recorded $864 million in inflows on August 9, probably the most important single-day spike since July. BlackRock’s ETHA ETF alone attracted practically $189 million.
Following carefully is SharpLink Gaming with holdings price $2 billion, whereas the Ether Machine maintains 345,000 ETH. Nasdaq-listed Cosmos Health additionally just lately introduced a $300 million financing deal to provoke an Ethereum treasury technique, a transfer that Standard Chartered’s Geoffrey Kendrick describes as providing “regulatory arbitrage” benefits for buyers.
Large-scale buyers, or “mega whales,” added 2.1 million ETH to their wallets in July. With 28% of all ETH staked and ETFs locking up much more, obtainable market provide is shrinking. From a chartist’s perspective, Ethereum’s breakout from a multi-month symmetrical triangle sample is a bullish sign. Crypto analyst MMCrypto famous {that a} weekly shut above key resistance may set off a “monumental vertical move,” probably decreasing Bitcoin dominance within the brief time period.
Michael Adeleke
Michael Adeleke is a passionate crypto journalist identified for breaking down advanced blockchain ideas and market traits into clear, participating narratives. He focuses on delivering well timed information and sharp market evaluation that retains crypto fans knowledgeable and forward of the curve. With an engineering background and a level from the University of Ibadan, Michael brings analytical depth and precision to each piece he writes.
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