MEXC seems the exchange where OWL is actively trading where it has a daily average volume of $20,000 or around 1.8M OWL tokens.
I see a bunch of 200,000 OWL buy orders there set at a different price if ever the upper wall is crash.
Is that part of the team's operation buyback? I believed those orders are not owned by the same person or who knows.
We never know the activity on the exchange but maybe the team also contributed to the increase in the daily trading volume, pay attention to the trading history for the purchase of 400+ tokens in every second, but the purchase order volume is lower to maintain the rate above $0.01 and the team should release the latest news to support it an increase in the price of the token when the market recovers.
How long have they already doing these buybacks? In return, are they the only ones doing the best effort and didn't getting some support from random traders?
If that is so, that's alarming as it's not getting any interest but the price is just being maintained by the team. What a good effort though. They really need to do serious marketing since they can handle at least their price. I think when they reached their ATH, that's the time they are active in marketing.
I think those mentioned different 200,000 quantities are being handled by the same account. It's no coincidence to see such multiple same orders.