5h ago
Investors in PI should learn from the actions of retail investors during the Gamestop incident in the US stock market, which forced short-selling institutions to liquidate their positions, leading to a massive surge in the stock price.
This is completely similar to the current situation where PI is being maliciously suppressed by borrowing whales.
Currently, according to the publicly available borrowing data from whales on the exchange, the total amount borrowed exceeds 14 million, surpassing the maximum holding amount of 9.8 million on that exchange.
Investors should spontaneously rise up and resist the malicious short-selling pressure that has caused significant losses for many investors.
#PI
Historical Gamestop incident involving retail investors beating down short-selling institutions:
1d ago
On PI, I want to ask everyone, would you like to let the borrowing whales pull the market for us while you already hold coins?
Or what do you all think? If I said something wrong, what are your views on this?
Just now, we saw that the borrowing whales repurchased 200,000 at around 15:00. Recently, after making efforts to withdraw coins from that exchange, we can see that due to the lack of liquidity at that exchange, the whale buying 200,000 will affect the price. This 200,000 had almost no price reaction when liquidity was higher in history.
So, what will happen if we force the whales to liquidate and make a forced repurchase of 14 million PI in one go?
I have already set a sell order at 314 USDT.
Thank you in advance to the whales for creating wealth for us.
#PI
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