didn't know it was possible on crypto for short squeeze especially coins other than btc. i know in stocks it happens when the short sellers don't meet their options price and they have to buy to close their puts and it causes a short squeeze of the price. but like surf said, you the one we get our news from so whatever you hear is what we hear.
I mean this is news to me this also could explain why shib was constantly in the red because its being shorted and now they cant short it anymore...
I think one of the exchanges maybe kucoin has options tho. Shib might be on there. I know I heard the bitcoin options expired this past Friday, same for all. Think it's last Friday of month if I recall, even for stocks. So they could still put in a short for next month or any after in future.
This gives a basic explanation.
I know it’s also listed on RH and webull so maybe it’s possible…honestly dunno tho