thatss how leverage works
Better way to look at this is, "Damn, people are closing long positions and price is still holding up!"
pussies
'now that longs are closed we can move up easier'
Good question. But Doug Also mentioned that January 2021 a similar thing happend. Long positions got closed and LINK made 3x within 1,5 months
Now, I try to short link with X3 margin)
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