I hear Dyno and definitely feel your frustration, but keep in mind that when we broke .10 in May 2023, we were driven back down in the exact same fashion that we were back in Jan 2022 (VIRT + OTCN Tagteam Algos). We did not fall back down organically. Identical to what happened in Jan 2022, the second we broke.10 VIRT appeared on L2, Synced up with OTCN, and drove us right back down without actually buying or selling. OTCN didn't even begin selling until we hit roughly .06ish, then they never stopped. However, while we were over .10 both used their algos to keep dropping both bid & ask without actually ever buying or selling. Once they drove us safely back under .10, OTCN began non-stop selling and VIRT disappeared completely until a few days ago. Now, if/when we hit .034ish, VIRT immediately reappears and does the same thing to ensure we remain under .035.
I have no idea who is behind them and/or the purpose of what their doing, but I can say with 100% certainty that it is definitely NOT "making a market."
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