Can someone explain why $CEL short squeeze is good for

Question

Celsius Community

Jackie Chain Chain

Can someone explain why $CEL short squeeze is good for

us?

Is it because Celsius can use its treasury to increase their liquidity ?

0

18.06.2022

14 ответов

16 просмотров

Jackie Chain Chain Автор вопроса

Shinua
we dont like shorters

I get that, but will it help us at all to get our funds ?

0

18.06.2022

Tigre Ravida

simple. If price keeps moving up and nobody sells and dry out the liquidity, the people that are short, have to repay the CEL tokens borrowed. As there is no much liq and they took millions of tokens, they will have to buy it and remove every level and send the price up, really up

0

18.06.2022

Jackie Chain Chain Автор вопроса

Tigre Ravida
simple. If price keeps moving up and nobody sells ...

I get this part. Short squeeze. But how will it help is getting out deposits back ?

0

18.06.2022

Cervus Elaphus

Jackie Chain Chain
I get that, but will it help us at all to get our...

The shortsellers are profiting on shorting the CEL token, those profits are further used to attack Celsius and drive markets to hit Celsius liquidation levels. Meaning your funds are lost.

0

18.06.2022

Jackie Chain Chain Автор вопроса

Cervus Elaphus
The shortsellers are profiting on shorting the CEL...

so the assumption is: Celsius in trouble because of coordinated attackers and you think that: those shorting $CEL now are also causing the downfall of $CEL by deliberately trying to liquidate Celsius’ defi plays I don’t know, it my help some if CEL 🚀, but even then how will Celsius deal with the bank run ?

0

18.06.2022

Mike M

Jackie Chain Chain
so the assumption is: Celsius in trouble because o...

Outside of a massive short squeez giving celsius the chance to dump cel to fill their treasury (which the lawyers may tell them not to do) I dont think it helps celsius at all BUT what it does do, is if you have a bunch of money on celsius…. If you have a large risk apatite, you can take a gamble at a short squeez and recoup your losses

0

18.06.2022

Jackie Chain Chain Автор вопроса

Mike M
Outside of a massive short squeez giving celsius t...

This is crazy. After risking in Celsius , right even more ?

0

18.06.2022

Tigre Ravida

Jackie Chain Chain
so the assumption is: Celsius in trouble because o...

It won't help with the bank run once they open the gates, but at least they will have the funds to pay. If the shorts succeed, Celsius will reach to the point of liquidation and will lose al its collateral, aka our money. So in that scenario, forget about getting something.

0

18.06.2022

Mike M

Jackie Chain Chain
This is crazy. After risking in Celsius , right e...

Lol im not saying to do it, but it is a method for the bold

0

18.06.2022

Jackie Chain Chain Автор вопроса

Mike M
Lol im not saying to do it, but it is a method for...

Can I benefit from it on uniswap ? I don’t have FTX

0

18.06.2022