I believe these big buy orders belong to the shorters attempting...

I believe these big buy orders belong to the shorters attempting to close out their positions. They don’t want other players lining up the buy side, forcing them to pay higher prices to extricate themselves from their position. IMO they use a secondary account to sell into these big buy orders and attempt to scare retail holders into selling even lower, or to trigger stop loss trades.

Just my opinion and I’m sticking with it.

Hopefully great news on the horizon from Posco. The deal will hopefully entail much more than just the cash transaction.