Well thats one massive WANKER with that sell wall.
That sell wall simply says this.
"I have 4.3million Lisk coins to DUMP IN YOUR FACE suckers"
i'm out, sold with small loss, but FUCK THIS SHIT!
I disagree that wall says " I'm a rich amateur who is a horrible trader."
Remmenber he used to flash 1200 btc worth so he/she has been accumulating. And the greedy prick obviuosly wants more. A 300 btc wall would have had the same reault. And not freaked everyone the f@#k out.
Sure it is instant sell pressure, but it really freaks newish traders out for months they'll remeber.
I think the LSK team should use 2k to buy it back when there funds are available. Knowing the team has 5% would restore full confidence.
The wall comes at night for me so i think it's a Chinese trader. Best case scenario it's a team. Whales won't pump coins unless they hold massive amounts so... hmm.