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October 06, 2014, 08:38:56 AM

Few options as i see them:
1-He's an idiot/doesn't like money
2-He's a robin hood trying to spread wealth
3-It's manipulation in which case he has to have many more coins to drive the price even lower for rebuy (very risky and highly unlikely at these levels).

Market wants to go up. For 1 & 2 it'll shoot up once the wall is gone. Oddly enough leaning towards #2


Why do you discount 3?

Last night he market sold 8K.  another move like that would trigger and extreme panic (8K alone gets us into 210 region before everyone else panics).

He then buys up new coins at whatever new low we sink to using the 5MUSD he's just accumulated in the last 5 hours at 300.

The more I consider this the more likely I think it could be....he's exhausted buyers.

  He stopped selling at 275 though, and put the wall at 320.  Clearly not interested in breaking the exchange, as it could have been done at that time.  It's either an honest divestment in need of more speed than return, or a holding maneuver to keep a lid on the market for just a little longer.  That's why I am very interested to see what happens in the next day or so.  If it is a hold down, what makes it worth millions in unrealized profit?  Better than anything Hollywood could produce  Grin