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RE: Dear whales who sold 100Ks of Steem during bull market (Above $2), please buy back. There are millions of liquid Steem on sale. Similar to last all time low when @dan left, Steem is regrouping: @dan has cashed out his holding of 470K Steem.
@dan leaving almost is a good indicator that the thing might be about to bottom.... like April 2017. But this time there is also selling pressure from Steemit Inc, I think we will see 10 cents... As Stinc missed the opportunity to lay back some reserves last January... and now has to sell for any price...
I think they are just hoping to only liquidate half of their holdings in the next 6 months, so that they have still a stake of 10% or 35 million in the next bull run with SMTs finished...