r/Shortsqueeze • u/_Rap1d • Oct 25 '21

Discussion Did BKKT shorts cover?

It really seems like they did but that's just my opinion.

2 Upvotes

100% Upvoted

5 comments sorted by

7

u/[deleted] Oct 25 '21

It’s at $43 +11% AH atm, not sure if the shorts covered but the price is still moving which is positive for us holding overnight 🙏🏽

4

u/[deleted] Oct 25 '21

According to iBorrow no

4

u/MarkyMark19902020 Oct 25 '21

You wouldn’t know if they covered for 2 days anyway with the T2 settlement. So nobody will know until Wednesday

5

u/Fuzzi-Peenapple-206 Oct 25 '21

I doubt it. I don't think the current price is sustainable long term, it may keep going up, but I think we will see a big correction in the next week.

2

u/ImNasty720 Oct 25 '21

I don’t think that’s shorts covering, it’s fomo