After observing and trading IMU for almost 9 years the following scenario is most likely.
Everyone watching the 18m buy order getting filled by the BOT. If the order won't get lifted to 3.7c then, after 10m or less are left, sh sense the sp won't go up and will dump into 3.6c before it turns back to 3.5c. As many disappointed sh realise that even that big order won't make a difference many want to sell into 3.6c, building instantly a wall selling at 3.6c. Maybe that will set off a snowball effect and crash the sp to 3c.
Similar outcome when the buyer decides to move the just partially filled order to a lower buying price. All eyes on 3.6c now, everyone get ready to sell before others do.
IMU Price at posting:
3.6¢ Sentiment: None Disclosure: Not Held
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