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?
RE: I guess I'm locked into speculative posts right now. (Elasticity)