Not totally true. Yesterday on the second dump there was a 700/800 ltc sell wall on 110 or 100. They keep adapting. I hope their coins are finnished soon
I saw about 350 LTC temporarily show up on the sell side at 70 litoshi or so during todays dump.
True, these sell walls are fake,
If you look closely, it is only 1 sell order selling at low prices, then sporadic some people who lost fait selling at 70 for a few ltc. The other 95% dont want to sell at those low prices