L2 is always a tricky thing to get too much info from
Someone is selling, it is just a matter of who/why
1) Retail getting antsy and wanting out 2) retail trying to cause flash crash to fill
we know they hide bids and this is the most action we have seem the last 10 days
I just know you will see a drop before major news and a run as with such low volume and low float, the MM's can make this move any which way they want.
Still, if we all hold there is not much that can be done long term but upwards pressure.