Thanks for the spelling correction but normally as you can see on the graph the trading volume is $25million or so when the platform was working (if people believe the BCC exchange figures). The trading volume now is much higher than during the dump from panic sellers. People are now mostly buying the coin.
BitconnectX are trying to raise $500million+ in the ICO btw, so not sure what you mean about the few million dollars of sales in the 24 hours of the dump (mostly sales). Obviously nobody from bitconnect sold a significant amount or tried to crash the price and have always tried to protect their coin price before. I'm sure they still have millions of BCC.
They don't give a rats ass about those millions of cookie cutter BCC coins, they got what they were coming for. 100"s of millions dollars worth of Bitcoins.
People keep talking about BTC but bitconnect never dealt in BTC. You could buy their token on any exchange and just send them BCC to loan. You didn't lend the BTC it had to be BCC coins only. So you are saying they sold some of their BCC as profit? Which they should have done as the lending was profitable for them and I would have recommended they sell their BCC profit. The coin price always went up so they weren't trying to steal from investors. The good thing about the lending system that caused so much BDS (Bitconnect Derangement Syndrome) is it stopped them from dumping their own coin as it would cost them more in interest payments if the coin is low instead of being able to profit from the lending system.
The price just this minute jumped about 30% it seems to near $40....actually now it's near $50!! Anyway, there was another point I was going to make but not sure what it was now. Oh yes, it was probably due to legal reasons they stopped the lending as they had many investors from the USA.