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Guys why sudden price increase? Any news?

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short squeeze

Obviously a huge whale bought a shitload of CEL. But why? Close a short position, or a bunch of positions closed and caused a cascade of liquidations

RAC
Obviously a huge whale bought a shitload of CEL. B...

so if they are closing a short position, it means they are confident CEL wil raise ?

Julien
so if they are closing a short position, it means ...

Probably a force buy. Meaning they didn’t wanna close but liquidation forced to buy and close the trade

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