Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.
Keith Gill, known for the GameStop short squeeze of 2021, posted his GME options positions on Reddit, sparking a speculative frenzy in meme tokens and related equities.
Speculative frenzy drove prices of some meme tokens and Gamestop shares higher Monday after influential retail trader Keith Gill, known for the GME short squeeze of 2021,Gill, via his “DeepFu*kingValue” alias, posted his GME options positions on the r/superstonks Reddit forum in early Asian hours, showing bets of over $116 million in shares and $63 million in call options expiring June 21. He has already made a net $6.8 million on the position.
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