That is all you need to know to realise there has been and is fuckery going on with the token by bad actors.
Just so happens many anons have been pointing their fingers towards the people responsible for years(Cefi) and now it has all come to light that those anons were correct despite the bad actors spamming biz for years calling them schizophrenic to try draw away attention.
Guess what? The reason these same OGs found LINK and bought in 2018 let them realise exactly who was fucking the price. There was no need to doubt us. We’ve been vindicated as correct now and these cunts grip is loosening but it isnt over yet because still the rest of this space including whales are retards and cant even verify what we are saying for themselves to counter trade these Cefi faggots and squeeze them for free cash.
Celsius at a minimum is 25-60 MILLION LINK TOKENS IN DEBT, MOST OF WHICH IS FORCED LIQUIDATED ON CEX/DEFI, NOT LEGALLY BINDING LOANS THEY CAN DECLARE BANKRUPTCY ON TO AVOID IT.
You cant declare bankruptcy to avoid paying back your debt when you short on Binance or Aave and the market moves against you, which is exactly the situation they are in with LINK in particular.
It is not only Celsius. NEXO, BLOCKFI and a few independent VC firms who all did a copy paste carry trade of:
>borrow link(lowest borrow interest last year, highly liquid) or in many cases sell LINK given by users
>buy higher APY generating coin like ada or stEth(later) or whatever degenerate play
>make more than debts
1/2