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Re: $Green$ post# 14655

Tuesday, 05/07/2024 5:24:40 PM

Tuesday, May 07, 2024 5:24:40 PM

Post# of 14766
If I had to venture a guess I would think that is Short Covering.

The current short position about 52,500,000 or about 19.24%, which is down 22.21% from previous month.

Current outstanding shares is 272,900,000. The Market capitalization is $5.6 Billion. Today's trading volume is 88,752,933.

Incidentally, MARA is holding 17,381 Bitcoin, worth about $1.1 Billion at today's price.

So, suppose BTC doubles in price to $120K. It seems obvious that the price is going to go up at some point based on Supply v. Demand.
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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