So now that the lending market is back to having liquidity, does that mean that most people have all closed out their short positions? Isn't that a good indicator that we are near what the market expects to be the new floor, or am I reading too much into this?
Or people have closed their long positions...you can margin buy too.
But you have to borrow Bitcoin to go leveraged long DASH/BTC, not DASH.
To my understanding, this HAS to be shorts closing their positions.
Which is really interesting, because it would look like we had had big amounts of shorts during one rather impressive bull run.
Again, I accidentally took a look at the DASH lending market at polo for the first time during the fight for 0.016 and my first thought was that I was almost the first to enter it on the supply side, as it was empty and people were paying insane interest rates and borrowing pretty large sums of DASH.