Bitstamp | Total bids: 3230081 USD. Total asks: 8699 BTC. Ratio: 371.29663 USD/BTC
I tended to keep an eye on the cost of going to $800 on BitStamp over the past year. It was usually around $9 million, went up to $10 million at one point, was around $7-$8 million for most of December.
Now it is at just under $3 million to $800.
I suppose it could just be that many people who had their asks before just haven't gotten around to putting them back up, or they moved their coins out maybe putting them on another exchange.
Either way, it is quite a large drop.
At the same time shorts at ATH on finex, whilst long interest at the lowest levels (14 million) since march 2014.
Looking at volume on finex and stamp it is clear we have had a massive volume capitulation.
I am buying heavily over the next month.