From poloniex, thought it would interest some of you here:
Regarding speculation: I am wondering if the dump guy is done now (could be several guys, but his blatant market dumping makes him unique I think). I still have a hard time comprehending why one would dump with +5% slippage, whereas he
could've set up some asks and patiently wait until they got bought.
This is what a rational actor would do. I think miners with that kind of hashpower should know better, because a large factor of their mining operation is maximizing profits. I'm more and more convinced the Ether fomo messes with peoples brains and led to dumps like this.
If that is the case:
While we are seeing this behavior in only one direction right now XMR -> Eth, I am curious to see what happens if those people try to rebuy their position.Wether it is desirable to have those shaky hands in monero, is a question of how much they learned from this experience.