The price seems stuck at 110.. and unlikely to rise too high for a while.
There is a huge buy wall, so if you had a lot of coin, I'm thinking maybe it'd be a good opportunity to dump at price.
Sure it could/will go up but there's a lot of resistance for the price rising too high. I think a few people are looking to make their profits.
So why not dump now?
The risk adverse people must be thinking that. Another panic and the opportunity to sell out so easy won't be around for a while
If someone is gonna dump a lot of coins and doesn't want to hurt the market, they just have to do it on an alternate exchange, not mtgox. Or use all of the exchanges split evenly.
