Haven’t seen a single conversion lately here, SS is maxed, no T-trades, no dilutive mm’s on the ask......
Where is the “assumed” and “opinionated” dumping at?
All I see is buyers at 3’s reselling 4’s and stacking the 4’s to scare more 3’s from those who got them at either 2,3,4 or higher and selling for losses or minor profits due to the scared factor.