I agree this is true, it turned out that this was no manipulator but a mere fool who wasn't patient or experienced enough to split his selling upon multiple markets and over time, in addition to selling into a short-term highly depressed price. Yet you have to ask yourself where all this buying pressure came from that devoured 30k BTC @300.
Hint: It involves cheap coins.Exactly. It does not reflect the fundamental state of the investment (except bullish buying at that prices as stated).