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/biz/ - Business & Finance

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>> No.29768852 [View]
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29768852

>>29767466
>>29768673
Sorry if this is long winded but it was a stream of consciousness post without formatting.

Basically, one market mover has been offloading considerable amounts of LINK to suppress the price while taking out leveraged shorts, but other groups who want the price to go up have been buying up the liquidity while retail is temporarily between paychecks (most newbies are a little burnt out atm). At the end of the day one of these whale groups will have to “give” and LINK will dump followed by an immediate rise back to $28-30+, and one of the groups will be left having lost a large portion of their stack as a result.
>whales fucking whales in the ass

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