I mean sell side became thin, and this is a targetted action, because there was sold only a few thousands on exchange and sell side had about 100K to sell, now it has 1K on a few levels, which is funny, just like 1-2 guys are controlling main supply of a coin.
I dont go into, if it's good or not - I look into such stupid mechanism, which is going on now - it will pump probably to 600-1000 sats, and then somebody will flood sell side again to 100sats.
It's easy to see.
There was never a 100,000K for sale, but there was 25K +
I know because I watch constantly as I'm looking for deals.
The sell side became "thin" because it was bought out.
Look at the trade history.
Someone went in on both exchanges and purchased every Datacoin they could for under 4 cents...
It's that simple.
It wasn't bought.
There were a few deals (trades) here and there, then when DTC became on coinmarketcap it had resulted into withdrawing orders from sell side, and I'm sure about it. Besides there were more than 1K orders at higher price points, someone is just manipulating, because apparently only a few people have any supplies of coin.
Buying up whole orderbook is non-sense, provides 0 info, about a real demand, and can be done with a few usd.
Nice now guy chop coins into parts, with 40coins each price level. There are really so few holders, that whole orderbook is managed by 1 guy ?