I am thinking the same. Although, watching these latest blocks sell between the Bid/Ask it is difficult to tell if they are real people dropping out or MMs throwing swap trades. Personally, I think many are just swap trades as they don't continue. Like a panic sell out would. Always a few getting out for own reasons, but this is still being held here with the same block and snatch between method. The showing L2 almost never changes when these trades occur with sizable amounts that should be showing on one side or the other before traded. My evaluation: most of the volume to keep it down here is fake. Are they gaining shares? Most likely. But I think it is largely due to lack of us selling. MMs do their job and provide liquid to the solid. As soon as there are a pile of buyers, they will be hunting for a price that actual retailers want to sell for. What price will YOU sell your shares for?
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