BREAKING: Look at this.
A new crypto account was opened yesterday morning.
30 minutes BEFORE Trump's announcement of 100% tariffs on China, it added a huge multi-million dollar levered Bitcoin short position, per YF.
The market dumped.
The trader made a profit of $192 million in two hours.
Unusual.
GameStop and AMC short sellers are accusing a user of market manipulation for sharing a screenshot of their position, while figures like Jim Cramer continuously tell people what to buy and sell, and Citron Research engages in nefarious short-selling activities.
This is absolutely insane:
"Roaring Kitty" currently owns 5 million shares of Gamestop, $GME.
He also owns 120,000 call options which are currently in the money.
This means that if he holds these options until they expire, he will own 17 MILLION shares on June 21st.
To put this in perspective, the total public float of $GME is 268 million shares.
So, if "Roaring Kitty" holds his options until expiration, he will own 6.3% of ALL outstanding $GME public float.
You can't make this up.
. @slave_2_liberty I got you homie-
Here’s an explanation of the actual market wide criminal conspiracy that GameStop exposed
and how and why short sellers could actually blow up the entire global economy.
Cameos by @blockbuster and @ToysRUs
No exaggeration.