someone is in a hurry to get out of SDC. who knows something the rest of us do not?
Not "someone", but the big talkers, the loud mouths on this forum. Since the zk announcement, pookie and longandshort disappeared along with another few aggressive ones. They are steadily dumping.
They appeared only when they thought there will be big gains for them trashing everything in their path and hurting shadow in the process. Zk implementation didn't rise the price for one reason or another so they are dumping. But that's good. This gives the chance to other traders to buy SDC and leads to fair distribution. Once these loud mouths - big holders are gone, only then Shadow will prosper. Shadow needs traders and newcomers.
My respects to all the other members/traders.
There was a rise in SDC's marketcap from the Shadowsend release and there was also a major dump that stopped it.. If you didn't know there was something like 300,000 SDC stolen from the IRC tipbot back in December and those coincide with the dumping from 40k down to sub 20k right after the tipbot went missing in action.