Preparing 10 000 waves short cover around $1 and below, unrolling fixed assets.
Will then proceed to pump M2 into million dollar market cap.
This event was predicted 6 months ago at $7 so this is counter productive when their strategy is already exposed.
I predict TN M2 Waves parity in the coming years so that is where any real money must go once waves is sub 50 cents again. Any serious money in waves in 7 zone will be burned by billion dollar shorter.
Ivanov is making millions on this short since 64 but ultimately all it will accomplish is making himself and waves irrelevant in the industry, they will be black listed after this and he will face prosecution for fraud same as SBF and tornado cash.
My advice to Ivanov is take the profit and repeg USDN and move waves back to 20-30 usd and top 20 global ranking. He is overdoing it but such is blind greed.
He is also running the risk of getting squeezed by other whales who are catching on to this short. Ivanov may be the bigest player in waves but not the only one in the crypto market and far from the biggest.
Crypto exchanges are already beginning to shut him down by delisting Binance will follow soon. He will not stand to profit from this scandal because assets will be frozen long before he can realize the short profit. Crypto insiders know full well what this loser is doing and they will shut him down quicker than anyone else.
In fact it has already begun.
After Ivanov becomes crypto pariah investor focus will shift to the generational value propositions such as Marquise Museum with its first to market patent examined NFTx system.