Seraphicall : Hedge funds shorting it
HSC_hipot : Big funds short it
Michael Fong : As simple as to pull down price.
1044182 OP : so due to the huge order they have no choice to to price lower eh, interesting
Master Corgi : Please don’t anyhow, those are not hedge funds. Hedge funds trade in dark pool you won’t even see their order. Retail investors can easily trade 500 shares each time.
CryptoBets : because buyer queue at lower bids and seller no choice but to sell or close short it
Seraphicall : Hedge funds shorting it
HSC_hipot : Big funds short it
Michael Fong : As simple as to pull down price.
1044182 OP : so due to the huge order they have no choice to to price lower eh, interesting
Master Corgi : Please don’t anyhow, those are not hedge funds. Hedge funds trade in dark pool you won’t even see their order. Retail investors can easily trade 500 shares each time.
CryptoBets : because buyer queue at lower bids and seller no choice but to sell or close short it