This entity on bitfinex added shorts from 50 all the way to 450 They had 1 entire year to take profit. And they have not. They are still adding shorts. I expect this entity will be liquidated this year. It will be interesting to see how this affects BSV price. Could be a good short term spike to sell on as this entity is destroyed.
I think your prediction will come true. Probably this week. He is massively underwater now, and will cost him a small fortune to get out of it. Even the exchange should be worried. Imagine what 92k BSV would do to to price.
pezza99
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Up to 90k short now. Must be millions underwater
TH101
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This is short selling to suppress price, to slow the growth of BSV. Less price action, less publicity. By whom? Central banks? Rival coins? I don't know.
mikroland
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any clue what price BSV needs to get to, to start liquidating these 83K shorts?