I had a lurking suspicion that this was in fact the case. The short-squeezing is becoming a little too obvious because we get INSANE volumes in very small time frames. I was watching the charts the last time we had a little pump from $6,100 to nearly $6,500 and it happened in about an hour total. The low liquidity and immaturity of these markets is very apparent still.
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Yep, there were even some rumors that tether was being manipulated again to cause a short squeeze. I am not sure what to believe regarding all the tether rumors to be honest. If it was as bad as some claimed I would have thought it would have collapsed by now.