Has anybody more insights on why the Safecoin price is controlled so much?
For months there has been very strong market shaping on Poloniex with alternating large buy & sell walls preventing any major action to either side. Also, this is all going on very indirectly and the walls are never placed aggressively so they seem only to be used to push the market slightly to the other direction in order to unload a bit of the market maker's position or whatever.
Am I paranoid?
I did not observe this kind of behavior with many other coins.