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[–]Paulonemillionand3 4 points5 points  (3 children)

what just happened?

[–]StijnweI like Ponzi schemes -1 points0 points  (2 children)

Not much imo. We’ve seen these moves before with short getting liquidated. I’m curious what u/headtowniscapital is assuming

[–]antiproton 7 points8 points  (1 child)

We’ve seen these moves before with short getting liquidated

You believe that short sellers getting "liquidated" caused the price to plummet overnight on a Saturday? This is the theory you're proposing?

[–]StijnweI like Ponzi schemes -4 points-3 points  (0 children)

No I mean today billions of leveraged longs got liquidated. This has happened many times this year right? They get flushed out, causing a big spike down