SELL: 1,350,916
BUY: 0,227,924
so 5:1 sell to buy ratio. Seems lopsided but why would people have buy orders so low waiting to buy.
New people getting in would most likely buy at market price.
People who have coins will set sell orders high so that they can make money off any big moves
This disparity is somewhat understandable, if people want to park their crypto coins, btc-e is the go-to exchange for LTC, while few btc holders use btc-e storing their coins. What amazes me is the level of trust they have in the exchange.
To be fair btc-e had done great job in restoring customer's confidence in the previous attacks and crisis, but still, putting so many eggs in one (wild open) basket is just insane. Which makes me think the possibility it's more or less just a honeypot