I don't like what I'm seeing, looks like someone from behind is manipulating the price to their advantage. The price swing is not organic for me, the only one that is benefiting from all of it is the whales. As much as this practice is really fraudulent, we cant really do anything about it. I hope casual traders are not swept by this market manipulators though, and hope that they can at least get a share from the profit today.
I hope what you're saying is wrong because it is really true then those whales or big investors could easily make bitcoin's go low and made those small investors such as us lose some money. I do hope that it's just a wrong sell order made by someone but if not then goodluck.