What? Yes, you can hold long and short positions simultaneously. Yes, there net position went from long to short to long very quickly, but that’s not the point.

What? Yes, you can hold long and short positions simultaneously. Yes, there net position went from long to short to long very quickly, but that’s not the point. I can see you aren’t a trader. The point is that they forced the price down when the market depth was thin to liquidate other people’s leveraged long positions to drive the price way down, which triggered panic selling and more liquidations before buying back around the bottom…