Anon then dumps 50-60k and starts the ball. Weak hands follow and fuel the sell off. Anon buys them back 6 cents cheaper. (accumulation. Note: someone is buying those shares that are being sold, a buyer for every seller)

Just to add to this. At first it's a silent face off...hmm who will fill that ask 1st. But when it's triggered it turns into a royal rumble of irrational panic selling. This is all we're seeing, nothing more. All fuelled by level 2 illusions and 100k shares.