I've seen 80 million or more on the bid at times in past week. Some of that might have been fake, but I would not waste time theorizing about such tings too much.
Anyhow, a large bid is a good thing (in terms of interest potential), but price action is most important. Watching for latest support to hold is important as we await some upside.
So far volatility in past 5-6 weeks has been sub-par compared to the past few months on $VCPS, which is not good, however, which is why I've said it is 'over due' for a run up.
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