Ethereum Recovers Above $4,000 as Short Traders Deploy $650M in Leverage Near $4,150 Resistance

Ethereum climbed back above $4,000 on October 26, recovering 10% from its Wednesday low of $3,811. Short traders concentrated $650 million in leverage positions around the $4,150 resistance level. Treasury firms holding ETH now control 3.2 million tokens, surpassing Bitcoin corporate holdings as a percentage of circulating supply.