Thanks for the analysis! I have a quick question: I have a SafePal wallet with USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). Could you explain how to move them to Binance?
Great content, as always! I have a quick question: I have a SafePal wallet with USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How can I transfer them to Binance?
Shorts are tricky devils. They can buy and sells back and forth to each other, simulating higher volumes, and avoiding holding costs. This is illegal of course, but the SEC is a poor regulator when it comes to smart money. For a short squeeze to occur, new long investors need to enter the market here - someone like Elon Musk, who enjoys punishing the shorts.
There are 230+ million shares short here. Only 18-20 million covered yesterday. The fundamentals changed significantly late Wednesday which drove the spike yesterday. My question is, there’s still 200+ million shares that need to be bought back a returned. So even if zero longs buy another share, wouldn’t this surpass $17/share from short covering alone?
