Many traders who have been observing CRCL's recent movements have caught attention. It jumped about 10% on Monday, and since the beginning of the month, a total rally of 86% has been seen. It's really interesting to see how greed has been driving the market. Behind the scenes, tensions in Iran have pushed oil prices up by 35% over the past two months, fueling inflation concerns. The central bank has become more cautious about interest rate cuts. This environment is actually very favorable for stable currency companies because returns from dollar investments are increasing. However, there is a more interesting dynamic here. As Markus Thielen, founder of 10x Research, also pointed out, traders have triggered a significant short squeeze behind this movement. Funds had taken aggressive short positions before earnings, but the company's strong Q4 results have started to reverse those positions. Currently, short positions represent about 13% of the circulating shares, indicating the potential for the rally to continue.

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