BTC Shorts on bitfinex streted to rise today at 9:00 steadily till now, and are up 900% today (https://www.tradingview.com/symbols/BTCUSDSHORTS/). BTC is steadily decreasing in price - not saying that only because of that, but it sure helps driving the price down by creating a huge sell pressure. I am not big fan of conspiracy theories and WSB blame-the-short-sellers game, but it sure looks suspicious. If you look at that shorts charts on bitfinex, they always seem to rise immensely in a single day. I suggest looking at BTC shorts for any BTC holder that wants to buy/sell. If anyone has good theories on why these shorts behave this way - let's discuss it, as I would be very interested. An obvious explanation is coordinated selling pressure by large institutional players.
Edit: Over 1000% now. Noice
Submitted June 25, 2021 at 11:13PM by statypan https://bit.ly/3A0UQtZ
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