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$AKE Most of the time, people run like that—running in the first couple of days before the unlock. The result didn’t turn into a waterfall. Isn’t it that the whale/pool is taking in spot? Retail traders all think about running before the unlock. The whale/pool didn’t have a waterfall. It was taking in spot—enough to prove it. It’s waiting for everyone to short it.
It’s nothing more than pumping the price up and then slamming it down hard.
Or they might not even take it in at all—just start dumping immediately, then buy back at a lower level and cut a second wave.