Does the distribution have anything to do with the price movement? Only 1mm coins and more than 50% are held in the top 10 addresses and I suspect 1 person holds at least 27%. I have to believe the insiders know who the big dumpers are. Sorry, that's just the way I feel right now.
Agreed. I saw some people claiming to have 5-10k CGB in this thread. Thats 1% of the eventual supply alone.
No clue why you would liquidate at such a low level though unless you were intending to later pump up the price.