it is odd, each time it’s someone selling a few million shares, enough to take the price down a pip with a little left over, then after a while when other orders accumulate on the sell side the same thing happens again.
If you just dumped the same total number of shares in one go you’d end up with roughly the same average price given the depth of the order book, but the price would more likely recover quickly. it does look a bit odd.
2022 CHART THREAD, page-52
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