No one have pre knowledge about such dump and pump but only 2% of people đ€
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đ„ When LUNC Token crashed in 2022 , how much money generated Short position holder in that time: đ±
đ When Luna Classic (LUNC) crashed in 2022 from $119 to nearly $0.000001, traders who took short positions reaped massive gains. Shorting involves borrowing the asset at a high price and buying it back after the price drops. For instance, a trader shorting LUNC at $119 with significant leverage could have multiplied their profits exponentially as the token plummeted almost to zero. A 100% price decline theoretically results in infinite returns for short sellers, provided the exchange and liquidity allow the trade. However, such opportunities also carried immense risks, as market volatility and sudden rebounds could wipe out positions instantly.
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