DO NOT SHORT $UNFI !!!
Just yesterday, Binance announced a delisting notice. The market cap is between $20-30M, and take a look at the sell orders placed yesterday—there were even orders at $40.
This has happened before, and those orders were filled within hours. While going long might seem like a good idea, if you strategically place your sell orders at specific levels, they could be filled. Keep in mind, it might drop to $1.50 and then rise again.
Just like last night, it could quickly reach $8, only to fall back to $1.90 moments later.
Volume has surged by 1200%.
In summary, the risk is huge. No matter what you decide to do, there’s a possibility of losing everything. This could either make or break you.