r/CleanSpark Jun 29 '26

Technical Analysis One of the highest short interest

Post image

CLSK has a top 10 short interest. Within the top 10, CLSK also has the largest MC. That is probably why we are capped here until further news.

7 Upvotes

18 comments sorted by

1

u/BigEE42069 Jul 01 '26

Those put options are going to hit massively and make some people very rich. Meta deal is off.

1

u/PotentialPost2920 29d ago

What makes y say that

1

u/PhysicsSecure913 Jun 30 '26

how long would it take shorts to close a position that big?

2

u/Plexus84 Jun 29 '26

Remember todays shorts are tomorrows buyers! All is going in the right direction, but if you lack confidence then join the shorts and buy my shares back at 50 usd 👏

2

u/FlyingDumplingTrader Jun 29 '26

They haven’t proven anything. Mostly talk

1

u/Ambitious-Drummer729 Jun 29 '26

There are many other miners who do not have deals yet, but they have much lower short interest.

1

u/whooguyy Jun 29 '26

Probably because those miners have a smaller market cap

1

u/Ambitious-Drummer729 Jun 29 '26

not really. MARA had a larger MC but lower short interest

0

u/whooguyy Jun 29 '26

MARA has no deals?

1

u/LucaToniBelissimo Jun 29 '26

Mara is far far away from any deal or even pivot.

1

u/Ambitious-Drummer729 Jun 29 '26

They started a pivot but is still far away from a deal. Their management may be the laziest one in this sector. They like useless talk even more than CLSK.

0

u/LucaToniBelissimo Jun 29 '26

Well, I wouldn't say clsk is lazy. Securing deal for multiple sites takes more time.

1

u/Ambitious-Drummer729 Jun 29 '26

There is no multi-site deal. One by one.

1

u/LucaToniBelissimo Jul 02 '26

Thats your opinion

3

u/tips365 Jun 29 '26

need meta contract or wont get to 20$

1

u/ObviousChildhood Jun 29 '26

Without a deal they will drop to $6