Nope... Nothing but sells, possibly nothing but conversions... Showed up on the ask one day, and any time they've shown up since, they do nothing but sell all day long.
The strange thing is that I have watched them purposely sell under bid numerous times, and whenever they're on the ask, they set a ceiling very early, then prevent the pps getting back there at all costs. However, that ceiling is usually set after our usual pre-market fakedown, so it is more often than not set at 8%+ down; then they spend the rest of the day driving down further. Because of this, I doubt they represent any normal large seller. Nobody purposely sells for less than what's being offered, unless their true motive is to drive the pps down....
We have to keep in mind that a lot of these conversions are done on some kind of trailing pps scale, which provides incentive to drive/keep the pps down.
One of these days we may learn who they represent, but for now, anytime they show up we know it'll be day filled with orchestrated manipulation and fakedowns.
$ENZC
News 
Market Data 
Discover 
AI
