in my mind the whales want to create a cenario for the fish get the trap believe the correction is finishd and create a liquidity to sell.
DACapitalTrading
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All the best! :)
BarneyG
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Someone pulled their shorts simple
Bitcoinblue
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@TheCryptoMark, that someone is a lot
Vision2077
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@TheCryptoMark, that's a BIG someone, isn't it? How could one actor control so many shorts while there was no price action squeezing shorts ?
Thx for commenting.
stell_s1
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@Vision2077, The total volume traded at 18:30 when 20,000 BTC shorts were closed is just 327 BTC. This is indeed non-sense
BarneyG
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@Vision2077, What it looks like has happened is that the big short seller at finex has closed their position off the books. Rather than doing it via the normal market
BarneyG
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@TheCryptoMark, Basically a short swap off the books between two parties which didn't hit exchange therefore did not affect price immediately