Bitcoin and Crypto Talk (Merged)(includes NFT)

I think this was a smart move by Musk. Musk hates, absolutely hates, short sellers.

He clearly said he wouldn’t be selling off his position. And all this may be temporary.

I don’t think him tweeting that Wednesday after hours was a coincidence. Today the DTCC is running market wide liquidity tests.

Institutions heavily exposed on short positions just lost a ton of margin less than 24 hours before the liquidity tests.