Should We Be Concerned About the 100K LEO Exit?

I got intrigued by these three Hive Engine tokens: SURGE, LSTR, and LEO.

I observed that a big stakeholder of LEO just completed his sale order of 100,000 LEO beginning from 20 August until six hours ago. His stakes were bigger than those of the Leader of the Pack, with 50,000 LEO power. I am puzzled as to what triggered him to sell all his stakes.

He sold his stakes at the following prices: first 25k at 0.6 SWAP.HIVE, second 25k @ 0.54 SWAP.HIVE, third 25k @ 0.43 SWAP.HIVE, and the last 25k at 0.60 SWAP.HIVE. Observing these prices tells me that 0.43 SWAP.HIVE is the floor.

The good thing is that despite such a huge exit, the price of LEO didn't crash. This tells me that the buyers can absorb such a huge volume. What I anticipate in the coming weeks and months is the domination of the buyers, most especially because a huge capital has been reserved by Hive account@leostrategy for this very purpose.

Posted using SoMee