Could Cel be selling Cel themselves to buy Eth/Btc because

Question

Celsius Community

Vv M

Could Cel be selling Cel themselves to buy Eth/Btc because

of insufficient liquidity?

0

11.06.2022

6 ответов

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Mindis S.

E
A big no..there a no liquidity issues

but someone is selling $cel and lots of it

0

11.06.2022

moera

Mindis S.
but someone is selling $cel and lots of it

I did not check the books, but you dont need a lot of CEL to market make if you play it wright and for sure in a illiquid market. Spikes up and down can be brutal as long as the volume and orderbook is thin. Its very thin for CEL as the only big buyer is Celsius once a week. Most Celsians do not buy anymore but „earn“ it. Till sentiment changes and/or new customer flows come in (not now) we will see bearish price discovery via a very thin market.

0

11.06.2022

E

Mindis S.
but someone is selling $cel and lots of it

Im buying

0

11.06.2022

Vv M Автор вопроса

E
A big no..there a no liquidity issues

I’m not saying there is. I’m not in a position to know this. But you aren’t either unless you are working for Cel and in the right department. Until it’s officially said it is just speculating.

0

11.06.2022

Torpedo

moera
I did not check the books, but you dont need a lot...

And when prices go up, it does quickly

0

11.06.2022

E · Accepted Answer

E

A big no..there a no liquidity issues

0

11.06.2022

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