The contract long position has almost been leveled, and then he just smashed the short position by pulling up the spot price! The on-chain price has reached 24, while the contract peaked at 11.3, with a basis difference of more than double.
To blow up the short sellers, he really has used up the blessings of several generations, such a wicked person deserves a bad end.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.See T&Cs.
1
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.