The native token of bankrupt crypto lender Celsius Network (CRYPTO: CEL) was the biggest gainer last week, gaining 181% over seven days. The token’s massive rally was largely fuelled by a retail-driven short squeeze, with traders following the “#CELShortSqueeze” hashtag on Twitter.
Top Gainers of Week Ending Aug 15, 2022 (Data via CoinMarketCap)
Cryptocurrency
7-Day % Change (+/-)
All-Time High Value/Date Reached
% Change (+/-) Since All-Time High
Celsius (CEL)
+181%
$$8.05 On June 02, 2021
-48%
Ankr (ANKR)
+40%
$0.213 On April 16, 2021
-77.9%
Nexo (NEXO)
+34%
$4.07 On May 12, 2021
-75%
Shiba Inu (SHIB)
+21.72%
$0.00008616 On Oct. 28, 2021
-81%
Huobi (HT)
+21%
$39.66 On Jan. 30, 2019
-70%
CEL Short Squeeze
Retail traders have sent CEL on a gargantuan rally since the beginning of the short squeeze movement last month. As per data from Benzinga Pro, CEL has rallied over 440% …
Full story available on Benzinga.com