Everyone knew that a debt ratio higher than 100% was a really stupid idea. Everyone saw how LUNA climbed the market cap and no one questioned it.
In most markets, this is where the shorters come in - they see an anomaly and short.
Why doyou suppose the shorters didn't bring down the LUNA price to more realistic levels before now?
"The Shorters"?
Are they all working together in harmony to get max gains and then profit share after the deed is done?
Sharks in the water do indeed smell blood.