A contribution to the short squeeze being ignored by those who take the easy way out and just blame the Amazon story is the change by Binance the world s largest crypto exchange to its terms of trade It is following FTX in doing this . Previously new customers were limited to 2o times leverage this is now extended to old customers . The sky was the limit at one stage .As well Binance is is delisting EUR ,GBPand AUD trading pairs .
Willy woo Willy Woo tweeted this chart showing where the carnage of the squeeze occured note it followed a slow rise in BTC price during the week before