Short Positions Against Ethereum Reach Record Highs on Bitfinex

The cryptocurrency markets posted some slight gains on Friday after seeing a massive selloff on Thursday that sent many altcoins down by more than 10% and pushed Bitcoin to its range support at $6,200.
At the time of writing, Bitcoin is trading up slightly on the 24-hour chart, with a current price of just over $6,300. Friday’s slight recovery has been led by XRP, which is up over 4% at a current price of $0.426, off its daily lows of $0.38.
Many people attributed the Thursday drop to a ma