No, that doesn't make sense.

The volumes have been massive over the past month.  If Garza was dumping this entire time that means someone outside of Garza has been buying tens of millions of dollars of XPY.

That makes absolutely no sense.  With all the negative press there's no way retail investors have been buying that much XPY.

So either some huge whales have been buying or it has been Garza but if it's Garza then the dumping is clearly not the 12 million premine.

So the question remains:  Who is dumping here, below $1?