I was expecting to see a 5k ask wall at this market stage, but this I couldn't imagine.
Maybe he knows something really bearish, otherwise it doesn't make sense to me.
If he'd knew something very bearish he'd send those 30k to 5-6 different exchanges and slowly sell them.
He just wants to buy cheaper.
Or he is like fuck it, i'm going to be a multi millionaire anyway and i'm not gonna sit here watch the price drop even more while i'm setting up all this stuff.
As pretty much always i was right.
All these crazy theories while i explained he simply wanted to get rid of his coibs and didn't care about losing some money in the process.