Just wanted to chat with everyone for a bit. While looking through the contract data earlier, I noticed $STBL : open interest is up 16.51% over the past hour, now at $5.51 million.
But the price is falling (-6.93%), which suggests new shorts are piling in. In situations like this, I pay more attention to the potential for a short squeeze once short positions get too crowded.
How do you usually handle this situation?
NFA, DYOR.
But the price is falling (-6.93%), which suggests new shorts are piling in. In situations like this, I pay more attention to the potential for a short squeeze once short positions get too crowded.
How do you usually handle this situation?
NFA, DYOR.