Why would CZ tweet out that he was starting to sell his FTT? Surely that would only decrease the amount he could recover on his sales?
One can speculate that he had already sold his FTT and started shorting when writing the tweet.
Maybe, but a big player selling without explanation can also cause a panic.
There are also reputation effects with either choice.
Why would CZ tweet out that he was starting to sell his FTT? Surely that would only decrease the amount he could recover on his sales?
One can speculate that he had already sold his FTT and started shorting when writing the tweet.
Maybe, but a big player selling without explanation can also cause a panic.
There are also reputation effects with either choice.