Even though you seem to be talking a kind of bear troll play book, don't you understand that frequently walls can serve as a sort of reverse indicator. 

Anyhow, whether we are going up or down is not clearly indicated by a 500 coin wall (at $452) nor the combination of a 200 coin wall at $451.42 and that already mentioned 500 coin wall (at $452).

It does show, however, that one or more people do appear to have 700 coins, and it will be interesting to see whether those currently "cheap coins" are pulled or eaten... y0m y0m y0m.