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    I have no idea, but there tends to be an increase on short positions when they think the uptrend is over.

    My personal take is that theres a few investment companies that are betting on both sides and are using shorts to tree shake, thus absorbing the panic sellers before the good news flows in so theres less volatility on the uptrend.

    If memory serves me right from up to the 40's range to where we are now there has been an influx of bots selling tiny parcels to try to trigger paper hands stop-loss limits. And now there are big fish buying parcels today ranging from 200,000 - 800,000 (a few of them are cross trades, further solidifying my belief of arbitrage investing).

    But this is all conjecture really, purely based of my biased long-position (at a loss) opinion.

    Please DYOR research
 
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Change
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0.3¢ 0.3¢ 0.2¢ $36.62K 15.35M

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621 874601304 0.2¢
 

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Price($) Vol. No.
0.3¢ 509937628 127
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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