Opportunistic sharks are eying Celsius and a few other projects. Alex Mashisky, CEO of Celsius, claims that the negative price action in the crypto industry is caused by short-sellers on Wall Street.
) — at least in part — to short sellers on Wall Street. CEL has fallen from its all-time high of $8.05 to $0.82, which is a 90% drop.
“This is not a coincidence. This is somebody who decided, ‘You know what? I’m going to take down all of Celsius,’” he said during the event. Mashinsky also took issue with Barron’s article about the Spaces event titled Celsius Faces a Revolt as a High-Yield Crypto Plummets. Some CEL investors and stakers vented their frustrations with the price performance of CEL to Mashinsky in the Thursday AMA.
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