This industry has two major parasites: short-selling institutions and trading operators. If it weren’t for these two types, the “pipe dream” (i.e., BTC) would be worth at least around $1.5 million right now—possibly even ranking among the top globally! In the past couple of years, short-selling reports have often been posted on CEX, but now CEX rarely releases this kind of short-selling news. Nobody knows whether this wave will rebound at $75k, or whether it will hold as support and rebound at $79.2k. At the moment, there’s no sign that the sell-off has bottomed out. The trading operators still don’t know how many contracts they need to buy and sell before it’s over!