Holy cow, we haven't seen that since December of last year. Are there actually people waiting for something like this to happen in order to sell their coins as soon as the transaction hits the chain? I will always be really afraid that those coins will be dumped at spot price.
Why would someone who was bright enough to recognise early potential and patient enough to sit out the endless downtrend wake up one morning and destroy what they have with an exchange dump?
This comes up every single time there's a spike like this.