Celsius

Celsius ShortSqueeze, the community is fighting back

By Robrue | My first Blog on Publis0X | 21 Jun 2022


Since last week, Celsius Is under attack by short sellers resulting in a crash of the Celsius Network. Celsius is in serious problems resulting in pausing all withdrawels to their own community

One of teh reason for their problems is that large parties picked the celsius network to go short. 

Because supply of the CEL token is limited (majority is blocked at the Celsius network) the short sellers are now struggling to get the amount of CEL they need to executed their short positions.

Now the Celsius community is buying CEL and take it of the exchanges so the shorters can’t buy them and make the token even more scares.

price of CEL

The price of CEL is rising and the short sellers are getting in trouble just like on the Game Stop shop earlier, where the community saved Game Stop and the short sellers lost billions of dollars

If the Celsius community pulls this off, there is a change the network can be saved.

 

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Robrue
Robrue

Interested reader of all kind of news


My first Blog on Publis0X
My first Blog on Publis0X

Hi folks, Welcome to my first post on Publis0X.com I really love this site and helped me a lot in my new hobby, crypto’s. One of my first steps into the crypto world is the AVA coin of Travala.com. Travala is a bookings platform for travel, flights, leisure etc. They have a great project going on and are growing superfast. Their native coin is AVA which is listed on Binance and is used for incentives but you can also use it to pay for your hotel reservations etc. I have an absolute trust in this token

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