Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Meanwhile, the total amount of BTC swaps (read: shorts) at Bitfinex has reached a historic high of 16.2k BTC.

17,254

and growing.

Guess something big going to happens

Just thinking... how will all that shorts close their positions? I see only two options: short or long squeeze.

Could this be some form of manipulation? Maybe they are already covered?