Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
sportscliche
on 12/02/2021, 04:03:16 UTC
This guy says Monero is the most shorted coin
https://twitter.com/monerotrader/status/1359185389899063298
comments?

Huh.

I am no expert on this... but damn.  That makes XMR one of two things.  Either being massively manipulated, or a candidate for a huge short squeeze, or both.

There was a similar post circulating on the Bitcoin Cash subreddit. The case for a massive short on either of these coins is likely based on complete fantasy.

The Bcash guys are blaming under-performance relative to Bitcoin on: a) massive shorting of BCH and b) rampant purchases of BTC with un-backed Tether.