The mass liquidation of Bitfinex margin shorts may have just begun! Exciting times!

in bitcoin •  6 years ago  (edited)

Price is already up $400 and the cumulative margin counter has barely moved, well, it dropped by 2k BTC, but I think there may be plenty of more shorts puking soon.

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Absolutely! The genius that shorted Bitcoin is going to learn what limited supply means...

Looks like Bitmex went offline for "maintenance" and spooked a lot of people: https://twitter.com/BitMEXdotcom/status/1032069173529194496

They do it every time the short squeeze happens. 😂