Wow I wonder who jumped ship with 77k

I try to not trust everything I see. With a dump of that volume, I would think that the price will be much more affected. Maybe someone dumped onto their self to test the market? If that's not the case, then it's even more impressive that the price held so well.
That would be very counterproductive to do logically speaking.
Why do you say that? I think that the price right now is at a critical support level, and if it went further down then who knows how much further it would go. Sure they lose a small percentage to other people's buy orders, exchange fees, and the slight drop in price that they did cause. None of that compares to the cost of holding the coins if the price went down.
I'm trying to think of a reason why that would be counter-productive but I can't.