I have noticed a type of selling that has happened several times in the last couple weeks. It's a very distinctive pattern. It doesn't look like the sell off that we just had moments ago because of bitcoins drop which is what we're used to seeing in times crypto is contracting.  That sort of thing can be seen at the very end of the last frame. It has a different sort of sloping volume curve and I can't say that I've seen it with this sort of frequency in the past. I can't help but wonder if this might be one of the large ASIC minors selling there warchest.


Here are a few examples easily found in the last 2 weeks.




All of these examples happened between 1700 and 2100 UTC (afternoon in the us).

The selling is very orderly and seems to happen over more than an hour with subsequent buying that causes a bit of a rebound for the next hour.

Anyone else see this?