weird that net weight is staying so high and still nodes running?
There is 4.3 million SHELL out there and there's been accumulation during this dump, a much larger percentage is now distributed over the top 25 wallets.
Some of it will be people trying to prop up the price or throwing good money after bad who will probably sell much lower than they bought in. Some of it will be calculating individuals who will be planning to sit on it a while and hoping to manipulate a pump for huge ROI.
No matter how dead a coin is there is always the chance that somebody is waiting in the wings to orchestrate a pump when the time is right. Sometimes it will pay off, sometimes it won't but they wouldn't do it if there wasn't a healthy profit to be made. Functionally Shell is actually a pretty good coin, it may be abandoned but it was never a scam so it has more going for it that many of the shitcoins out there.