>>60663170The ath is 4.9k. If a liq cascade actually happens on CME then a few billion in buy pressure coming in over a few days, that could easily create a 70-80% weekly candle. Which isnt even rare for top 20 alts during altseason, even without the help from liqโd shorts.
Even if it doesnt happen, tradfi shorts being at record highs will serve as jet fuel once the ATH breaks and the shorts run for cover