A manipulated dip like we are seeing on BSV has a slingshot effect. When is shorted and demand maintains (remember sellers have buyers) when the price steadily rises again shorts have to cover or they get liquidated. This is what i have been seeing in the bsv market the last few weeks.
Post by 21e8
I’m buying more
What the chain says
- Block
- 964 708
- Time
- 2026-08-31T14:15:06Z
- Signer
- 1F8AmrmqMgAFvDseVzYkUK41EiLbBbk9WW
- App
- twetch
- Type
- reply
- Content type
- text/markdown
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1F8AmrmqMgAFvDseVzYkUK41EiLbBbk9WW UnverifiedReplies (1)
21e8 1mo
I’m sorry everyone. I’m about to liquidate another 125 BSV. I realize this might bring us to 15$