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CLSK HUT RIOT WULF HIVE Can anyone shortly explain why big money is shorting miners so heavily if bitcoin is nearing 100K? In this cycle miners are really lagging behind, most of them should have been at least on the half way to their previous cycle's ATHs! Anyone?

RIOT CLSK MARA BTDR MSTR

Anyone know of a rotation or what may be effecting the space?

This is my current guess.

Mstr got hit big yesterday from new short selling positions being released, I doubt they would directly short sell mstr without longing something else in the market. I’m suspecting they are rotating from shorting miners longing mstr to the opposite. I suspect riot clsk and btdr took the hit as well due to the negative sentiment but this may be the tipping point for them. Mara has been on its own corse, not sure what’s up with it.

What are your guy’s thoughts?
Are there other things at play I might be missing?

This is a completely different cycle for miners, so much more competition but also there will be global fomo and I expect all btc derivatives will become saturated miners included. Would be hard not to see them pump once the markets ready. The fomo has just begun and miners haven’t gotten any attention. Think once the big boys get there bags and are ready for a pump it’ll get wild and that may be right around the corner, or in a couple months..

No fomo

RIOT NO reason this doesn’t break $14-15.. Especially this week which makes it very suspicious as well.

RIOT Definitely being manipulated as MARA is making gains and RIOT keeps getting pushed back down lmao. Trying to put 2 and 2 together…

RIOT this is the most annoying stock this season

RIOT I don't get it. BTC topped 97k and this took a nose dive, whereas its peers boomed.

RIOT why is the CEO robbing shareholders blind with so much share based compensation every Quarter ? Appears to be criminal amounts of shares he awards himself. Stock is -28.8% YTD smh

RIOT Solid consolidation - Big move on the way!

RIOT WTF is happening?

RIOT someone made MILLIONS on OTM $12 calls today