Earlier, there was no sell off. The buys were ahead of sells by 3,000,000 shares. I watched as the MMs lowered the ask during prolonged buying streaks. This is manipulation plane, and simple.
MMs are lowering the price on buys, and on sells. I took photos of the screen that show this.
They did the same thing yesterday. They lower the price little by little during the majority of the buying. then they wait until the buying is exhausted, and start their selling from a lower price platform, with very few buyers left to counter them.
Very strategic manipulation IMO.
SpongeBath