I think the bottleneck in this process is the market prices, no?
DING DING DING!!!!Someone finally gets it..
The panic didnt go as well as planned..
It's also possible he's expecting the price to go back up before he can dump again and buy cheaper. It's obvious he doesn't have enough coins to pay everyone back right now, and I'll bet he caught a ton of coins @ $8, but it wasn't enough.