2 ms·
I can only provide an oversimplified explanation, but the mass-selling of particular assets to which Celsius is over-exposed in order to trigger price dumping a
by BLKNSLVR 4y ago
I can only provide an oversimplified explanation, but the mass-selling of particular assets to which Celsius is over-exposed in order to trigger price dumping and therefore asset liquidations. stETH as the primary vector.
There may also be a Celsius-token short-squeeze being coordinated in order to help Celsius maintain some level of perceived value.
Who knows the reality, but it's interesting in a financial-trickery context.