Short sellers stepped in thinking COMP was out of fuel. The market disagreed. A clean short liquidation worth $6.5882K tells you buyers were waiting underneath. When shorts get squeezed at these levels, it usually means accumulation is quietly happening, not distribution. $COMP forced bears to pay for their impatience.
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$COMP at $30.55
Short sellers stepped in thinking COMP was out of fuel. The market disagreed. A clean short liquidation worth $6.5882K tells you buyers were waiting underneath. When shorts get squeezed at these levels, it usually means accumulation is quietly happening, not distribution. $COMP forced bears to pay for their impatience.