bunch of scared people sold out like crazy... maybe they expected bigger update or something.
The real update with the amended pos levels and coin locking etc is not out as yet I think is it?
just churners, bay suffers with this badly... they will be aiming to get back in around 400-600 sats ..hopefully they don't
One day they will be caught out ... although i suspect they only play with a tiny % of the their bay the volume is currently such a small % of the minting that it won't matter to them they already made 10x that by churning over and over.
we either need huge interest in the project or a way to force accumulation and holding and disincentive to churn constantly to profit from holding bay.
although the decentralised explorer (i guess this needs to be very robust) is going to open up lots of possibilities and there are lots of good things coming for bay.