If it was all a short squeeze, it was very efficient.

What a long way we've come from the panic over the SBF thing.

When I posted the points warning of a short squeeze coming the short interest in BTC was over 9,000.


Today, the short interest in BTC is at an all time low.

We now into the area where there'd classically be most risk of a rug pull setup in BTC, but we have very few people interested in betting on it.