Post by
DotComRich on May 01, 2021 10:35am
Here is what happened last 10 minutes of Friday
Credit Suisse (broker 72) was selling off over 3.2mil shares of Hut throughout the afternoon, then switched that money into Hive in the last 10 minutes. They did the exact same thing back on Oct 30th 2020 in the last 10 minutes where the price shot up 20% in a similar fashion. You can go look at the charts and orderbooks to see for yourself, its all public knowledge.
When you look at the chart from Oct 30th, you will notice that this was essentially the very beginning of our bull run. What does Credit Suisse know this time around?
Also if it was mostly them buying and not so much shorts covering, then that is fantastic news going into next week.
Comment by
Gonzinator on May 01, 2021 11:04am
Curious if you know if Credit suisse was adding to there previous position from October? Or were they just re-entering making a new position in hive?