There is some major P&D going on. Someone was pumping today with 35 BTC and guess what... As soon as he placed a buy order at 0.0082 someone dumped 35 BTC worth of aurora on him. Guy must have ripped his hair out.
Same thing happed a bit later but with 25 BTC
I think it's the same person. I think he's selling to himself maybe? To flush out everyone. Make a scare.
Either that or two whales are fighting each other.
Major mind games AND/OR major whale chaos.
sell wall at 0.0068 (cryptsy) is slowly getting eaten. Was 35 BTC before, now 17. There seems to be quite some buying power.
Someone tries to pump and dump unsuccessfully and gets hit by a giant sell, then as soon as he leaves, the buying power returns in full force to take down a wall on the selling side.
Funny how the market works sometimes I suppose, maybe the person who bought the chunk off the other guy had been selling in a lot of smaller chunks before that, so his selling supply disappeared.