đWhy is #Crypto##Pumping# the pas 24hrs!?
â Reason is âLiquidated Short Positionsâ , basically when the CFTC news came out a lot of you guys will have shorted the market, assuming it would go lower. However that recent pump has wiped out a lot of those short positions, forcing those traders to go back into the market and buy the assets they shorted.
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đWhy is #Crypto# #Pumping# the pas 24hrs!? â Reason is âLiquidated Short Positionsâ , basically when the CFTC news came out a lot of you guys will have shorted the market, assuming it would go lower. However that recent pump has wiped out a lot of those short positions, forcing those traders to go back into the market and buy the assets they shorted.