Hi @forexbrokr! Hope you're doing well.
What I noticed is that a lot of LEO farmers were taking advantage of the high prices to sell at very good rates (at expense of some worried buyers who buy a market price because they're FOMO'ing).
I saw that I had 'good liquidity' and was able to unload ~3K LEO moving the price a mere ~0,2% (nothing). I did. And I'm glad to see what I'm seeing.
I was curious to see if after the ~40% dump some panic sellers would come to dump at whatever price, instead, some buyers appeared and they placed nice buy orders (chunks of 20K) at the 0,125 HIVE/LEO price.
If I see greediness in the LEO market I'll be surely punishing it. At this stage, we need more holders & increase the liquidity (both things will come at the same time).
I think that the LEO whales (I'm counting myself here) we should work together to allow interested people to build a nice position and spread LEO ownership.
Have been thinking a lot lately regarding this matter and I'll be working about solutions to increase the liquidity in the LEO market to allow investors to accumulate & exit positions at their own desire.
Enjoy the weekend! :)
RE: Early LeoFinance Price Action and How Easy it is to Move the Market